This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **EXTRAS** Some tenants have laundry and others don't.
For sale
C$750,000
173 King St, West Nipissing, ON P2B 1R6
0beds
0baths
Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 47 days
- on Zillow |
- 13 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2025 at 03:45pm
Listed by:
KELLER WILLIAMS REFERRED URBAN REALTY
Source: TRREB,MLS®#: X12011514
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced Air, Gas
Cooling
- None
Features
- None
- Basement: Apartment
- Has fireplace: No
Interior area
- Living area range: 5000 + null
Property
Parking
- Total spaces: 12
- Parking features: Available
Features
- Stories: 3
- Pool features: None
Lot
- Features: Lake/Pond, Park
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Block
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: West Nipissing
Financial & listing details
- Annual tax amount: C$6,412
- Date on market: 3/11/2025
- Loading