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$599,000
Available - For Sale
Listing ID: X8071762
Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities.
Extras:   Annual Expenses: Heating is $3,840, Water is $6,066, Hydro is $9,000 and Insurance is $4200. Property taxes include the cost of water/sewer ($6,066) and the total cost is $10,021.
Price $599,000
Taxes: $10,021
Assessment Year: 2023
Address: 554 Lakeshore Rd , Temiskaming Shores, P0J 1P0, Ontario
Lot Size: 107.42 x 107.96 (Feet)
Acreage: < .50
Directions/Cross Streets: Browning Street
Rooms: 6
Rooms +: 0
Bedrooms: 8
Bedrooms +: 0
Washrooms: 6
Kitchens: 6
Kitchens +: 0
Family Room: Y
Basement: Part Bsmt
Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 2nd
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 12
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
Property Features: Golf
Lake/Pond
Place Of Worship
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Other
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Telephone: A
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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THE AGENCY

554 Lakeshore Rd , Temiskaming Shores, P0J 1P0, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Timiskaming
Municipality: Temiskaming Shores
Neighbourhood:
Style: 2-Storey
Lot Size: 107.42 x 107.96(Feet)
Approximate Age: 51-99
Tax: $10,021
Maintenance Fee: $0
Beds: 8
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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