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Multi-family For Sale

$469,000

MLS® Number: 2127856

690 Highway 144, Onaping, Ontario

About This Property

Discover the potential of this spacious triplex offering three generous 3-bedroom units, each approximately 1,000 sq ft. Whether you’re looking to expand your investment portfolio or step into homeownership with mortgage-supporting rental income, this property presents an exceptional opportunity. Live in one unit while tenants help offset your mortgage, or maximize the full income potential by adding this property to your investment portfolio. Unit #3 is occupied by a reliable long-term tenant who would love to stay, providing immediate rental stability and peace of mind for investors. Bathrooms in Units #1 and #2 have been beautifully renovated, while the property also features newer flooring, windows, doors, hot water tanks, and a newer rental water softener. Situated on a spacious lot with no water bills, this property offers both value and flexibility. Conveniently located near Larchwood Public School and École Élémentaire Saint-Étienne, the area is ideal for families and long-term tenants alike. With Northern Ontario’s strong mining industry nearby, this property may also appeal to miners and shift workers seeking affordable multi-unit housing close to work. A rare opportunity with strong income potential for both investors and owner-occupants.

Property Details

Interior Details

Basement

Full

Flooring

Hardwood, Laminate

Heating

Boiler

Building & Exterior

Exterior Features

Vinyl siding

Foundation Details

Concrete Perimeter

Number Of Units Total

3

Parking Features

Detached Garage, Parking Space(s)

Stories

2.0

Land & Location

Postal Code

P0M2R0

Listing & Financials

Listing Office

ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Originating System Name

Sudbury Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Security Features

Smoke Detectors, Full Sprinkler System

Mortgage Calculator

20% ($93,800)
5.5%
25 Years

Estimated Monthly Payment

$2,304

Principal and interest only. Actual rates may vary.

Location & Map

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