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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

    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.
    47 days
    on Zillow
    |
    13
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2025 at 03:45pm

    Listed by:

    KELLER WILLIAMS REFERRED URBAN REALTY

    Source: TRREB,MLS®#: X12011514MLS LogoOriginating 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
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