495-497 Ferguson Ave Temiskaming Shores, Ontario P0J 1K0
$4,200,000
Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015. The building features a FOB entry system, high efficient LED light fixtures and gas boilers. All suites have stainless steel appliances and coin laundry is onsite located in each basement. This property is fully occupied with high demand for tenancies and average turnover with rental increases. There is continued need for labour in the forestry, mining & support services, which ensures no end to the list of high-quality tenants looking for housing in the north. If you've been looking for a stable turn-key investment opportunity, this one's for you!**** EXTRAS **** Well maintained offering at 6.55% CAP rate. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. (id:26892)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X6649380 |
| Property Type | Multi-family |
Building
| Cooling Type | Partially Air Conditioned |
| Size Interior | 13,809 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 78 X 157 Ft ; Irreg, Multi Parcel |
| Size Total Text | 78 X 157 Ft ; Irreg, Multi Parcel |
https://www.realtor.ca/real-estate/25809577/495-497-ferguson-ave-temiskaming-shores
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