Description
Rare opportunity to own a unique commercial and residential property situated on 10 acres of farm-zoned land along the beautiful Mattagami River, offering exceptional versatility and strong income potential. This four-unit residential building features a two-bedroom unit currently rented at $1,900 all-inclusive. There is also a vacant three-bedroom unit with an estimated rental potential of $2,100 all-inclusive. The owner-occupied one-bedroom unit could generate approximately $1,600 all-inclusive, and a vacant one-bedroom loft apartment with potential rental income of $1,100 all-inclusive. In addition, the on-site shop space is currently vacant and was previously leased for $3,000 per month on a triple net basis, providing excellent commercial income opportunity. With riverfront setting, expansive acreage, and multiple revenue streams, this property presents a rare chance for investors or owner-operators to capitalize on both residential and commercial potential. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0 (id:60351)
Overview
Fees & Taxes
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MLS#: T12803262
Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.
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