495-497 Ferguson Avenue Haileybury, Ontario P0J 1K0

37 Bedroom 27 Bathroom 24500
Window Air Conditioner Hot Water Radiator Heat


Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015, and is being offered at a 6.55% CAP Rate. 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. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. If you've been looking for a stable turn-key investment opportunity, this one's for you! (id:45443)

Property Details

MLS® Number 40450958
Property Type Multi-family
Amenities Near By Shopping
Community Features High Traffic Area
Features Laundry- Coin Operated
Parking Space Total 26


Bathroom Total 27
Bedrooms Total 37
Age New Building
Basement Development Finished
Basement Type Full (finished)
Construction Material Wood Frame
Cooling Type Window Air Conditioner
Exterior Finish Wood
Fire Protection Unknown
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 24500
Utility Water Municipal Water


Visitor Parking


Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Depth 157 Ft
Size Frontage 78 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4-14, C1a



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