A great opportunity to own two buildings with a total of six units on a large lot. One building has five apartments, and a separate building on the same lot has another apartment. Located in the quiet hamlet of Trout Creek, approximately two hours north of the GTA. This property offers excellent potential to increase revenue. The second-floor units have storage in the attic space in addition to generous living space. Seller is willing to provide a VTB (second mortgage) of up to $250,000 at 2% annual interest to help with the down payment, making this property an even more attractive investment.
Address
108 Main Street
List Price
$995,000
MLS® Status
New
Expiration Date
2026-04-23
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Powassan
Sub-Area
Trout Creek
Region
Parry Sound
Lot Size Source
MPAC
Lot Depth
165
Lot Type
Lot
Lot Size Units
Feet
Lot Width
66
Parcel Number
522100286
Total Building Area
10000
Occupant Type
Tenant
Cross Street
Main st/ / McKenzie st
MLS® Number
X12555854
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
P0H 1Z0
Posession Details
Flexible
Tax Amount
$2,921.00
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Outside/Surface