ON > Mattawa > Mattawa
Mattawa, ON P0H 1V0,510 Valois DR
Mattawa, ON P0H 1V0,510 Valois DR
Mattawa, ON P0H 1V0,510 Valois DR
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$1,100,000
Est. payment /mo
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15 Beds
8 Baths
New

510 Valois DR Mattawa, ON P0H 1V0

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Michael Ng

Michael Ng

+1(416) 225-0660

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Mattawa

MLS Listing ID X12103996

Style 2-Storey

Bedrooms 15

Annual Tax Amount $8,291

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Want a cash flowing property that meets the 1% rule with room to lift value further? This property currently offers 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. Seller also willing to hold a second VTB mortgage to cover your down payment.

Location

Province ON

County Nipissing

Community Mattawa

Area Nipissing

Zoning Residential Type 2 (R2-26)

Rooms

Family Room No

Basement Other

Kitchen 8

Interior

Interior Features Water Heater

Cooling Central Air

Inclusions 8 fridges, 8 stoves, coin op laundry, Carbon Monoxide Detector, Smoke Detector

Exterior

Exterior Feature Year Round Living

Parking Features Other

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 132.0

Lot Depth 171.37

Total Parking Spaces 20

Building

Foundation Stone, Concrete Block

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

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agent

Michael Ng

Broker

+1(416) 225-0660

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510 Valois DR