2301 Airport Road, Timmins, Ontario P4N 7C3

Listed for:
$999,990
7 beds
4 baths
Listed 7 days ago
Other for rent: 2301 Airport Road, Timmins, Ontario P4N 7C3

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About

Cross Streets: Laforest. ** Directions: off Laforest. Rare opportunity to own a unique commercial and residential property situated on 10 acres of farm-zoned land along the beautiful Mattagami River, offering exceptional versatility and strong income potential. This four-unit residential building features a two-bedroom unit currently rented at $1,900 all-inclusive. There is also a vacant three-bedroom unit with an estimated rental potential of $2,100 all-inclusive. The owner-occupied one-bedroom unit could generate approximately $1,600 all-inclusive, and a vacant one-bedroom loft apartment with potential rental income of $1,100 all-inclusive. In addition, the on-site shop space is currently vacant and was previously leased for $3,000 per month on a triple net basis, providing excellent commercial income opportunity. With riverfront setting, expansive acreage, and multiple revenue streams, this property presents a rare chance for investors or owner-operators to capitalize on both residential and commercial potential. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0 (id:27476)

Property Highlights

MLS® Number
T12803276
Type
Multi-family
Community Name
TNW - Rural
Land Size
1031.3 FT
Parking Space Total
40

Building

Building Type
Other
Storeys
1.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
4
Bedrooms Above Ground
7
Bedrooms Total
7
Amenities
Fireplace(s)
Exterior Finish
Aluminum siding, Stucco
Fireplace Present
Yes
Basement Type
Full
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Dug Well
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
REALTY NETWORKS INC.
MLS® number:
T12803276
Agent:
Marcus Richard
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