495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0

495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0 (ID X6649380)
Representative
Miten Mavani portrait
Miten Mavani
Sales Representative
Royal LePage Signature Realty, Brokerage* - Bathurst - Toronto
Cell: 647-564-1246

$4,200,000 - For sale

ID#:X6649380

Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015. The building features a FOB entry system, high efficient LED light fixtures and gas boilers. All suites have stainless steel appliances and coin laundry is onsite located in each basement. This property is fully occupied with high demand for tenancies and average turnover with rental increases. There is continued need for labour in the forestry, mining & support services, which ensures no end to the list of high-quality tenants looking for housing in the north. If you've been looking for a stable turn-key investment opportunity, this one's for you!**** EXTRAS **** Well maintained offering at 6.55% CAP rate. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. (id:2471)

Property Details
  • Property Address:495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0
  • Property Type:Multi-family
  • Lot Size:78 x 157 FT ; Irreg, Multi Parcel
  • Water Type:Municipal water
Structure Details for 495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0
  • Structure Style:Multi-Family
  • Floor Space:13808.5 sqft
  • Cooling Type:Partially air conditioned
Representative
Miten Mavani portrait
Miten Mavani
Sales Representative
Royal LePage Signature Realty, Brokerage* - Bathurst - Toronto
Cell: 647-564-1246
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495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0

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