$599,000
Available - For Sale
Listing ID: X8071762
554 Lakeshore Rd , Temiskaming Shores, P0J 1P0, Ontario
| Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities. |
| Extras: Annual Expenses: Heating is $3,840, Water is $6,066, Hydro is $9,000 and Insurance is $4200. Property taxes include the cost of water/sewer ($6,066) and the total cost is $10,021. |
| Price | $599,000 |
| Taxes: | $10021.00 |
| Assessment Year: | 2023 |
| Address: | 554 Lakeshore Rd , Temiskaming Shores, P0J 1P0, Ontario |
| Lot Size: | 107.42 x 107.96 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Browning Street |
| Rooms: | 6 |
| Rooms +: | 0 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| Kitchens: | 6 |
| Kitchens +: | 0 |
| Family Room: | Y |
| Basement: | Part Bsmt, Unfinished |
| Approximatly Age: | 51-99 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 12 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Golf, Lake/Pond, Place Of Worship |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Laundry Level: | Main |
| Elevator Lift: | N |
| Sewers: | Sewers |
| Water: | Municipal |
| Utilities-Cable: | A |
| Utilities-Telephone: | A |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| THE AGENCY |
|
|
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Timiskaming |
| Municipality: | Temiskaming Shores |
| Style: | 2-Storey |
| Lot Size: | 107.42 x 107.96(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $10,021 |
| Beds: | 8 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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