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Last Updated : 862 Days ago
162 Moyneur Ave, Matachewan, Ontario,
MLS Number: XXXXXXX

162 Moyneur Ave, Matachewan

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162 Moyneur Ave, Matachewan MLS Number: X5945652

Matachewan, Timiskaming, ON, P0K 1M0

$1,195,000

Status: Sold

  • 9+6 Beds
  • 15 Baths
  • Property Type: Residential (Multiplex)
  • Property Taxes : $4151.00 (Tax Year:2022)
  • Listing Courtesy : Re/max Platinum Pin Realty

162 Moyneur Ave Property Description

You Won't Find A 10% Cap Rate in the City! Renovated Purpose Built 15 Unit Income Property Like No Other Situated In 1 Of Timiskaming Most Rentable Neighborhoods - Matachewan! Located less than 2min from the Alomosa Gold Mine-this property has been fully rented out in the last 10 years-with a waiting list of tenants. Fully Updated & Bright Units consisting of 11 Bachelor Apts, 2-1Bedroom Apts,1-2 Bedroom Apt. Bonus Unfinished High/Dry Basement-Potential to add 6-8 more apartments-for a Total of 22+ Units. Currently the Gross Yearly Income is $142,000.00 . The Yearly Expenses are $26,482.00 (Landlord Pays Hydro Yr-$2510.00 / Water Yr-$2221.00 / Taxes: Yr$4151.00 / Ins:Yr-$3600.00 / Maint Yr $4000.00.) The Yearly Net Income is $115,718.00. Unbelievable Net Return!

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162 Moyneur Ave Property Facts

Property Type :Residential
MLS Number :X5945652
Listing Type :Sale
Possession Date :
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Last Updated :14 Aug, 2023 (862 Days ago)
Source :TRREB
Area :Timiskaming
Postal Code : P0K 1M0

162 Moyneur Ave Property Price & Tax Insights

Price : $1,195,000
Property Taxes :$4151.00
Tax Year :2022

162 Moyneur Ave, Matachewan Property Details

Bedrooms :9 + 6
No. of Rooms :20
Air Conditioning :Window Unit
Heating :Baseboard
Cross Street :Moyneur Ave & Roche Street
Bathrooms :15
Fuel :Electric
Fireplace/Stove :No

Exterior Information

Exterior Finish :Other
Parking Space :30
Basement :Sep Entrance
Garage :None

162 Moyneur Ave, Matachewan - Price History

2023-08

14 Aug, 2023

TREB #X5945652

Suspended

$1195000.0

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