2301 AIRPORT ROAD, Timmins (TNW - Rural), Ontario, P4N 7C3

$999,990

MLS® # T12803276

Investment For Sale In Timmins (TNW - Rural), Ontario

$999,990

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities:
  • Architectural Style: Bungalow
  • Basement Type: Full
  • Easement: Unknown, Easement
  • Exterior Finish: Aluminum siding, Stucco
  • Fireplace: Yes
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Access Type:
  • Features: Irregular lot size
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Frontage: 1031.2 Feet
  • Lot Size: 1031.3 FT
  • Structure Type: Deck
  • Utility Type: Hydro - Installed, Cable - Available
  • View Type:
  • WaterFront Type: Waterfront on river
  • Zoning: EA-CH, RD-HAZ, RD-HAZ (SP6.43)
  • Sewer: Septic System
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 40

Courtesy of: REALTY NETWORKS INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.