Mattawa, Ontario

Looking for a strong cash-flowing investment that meets the 1% rule with room to increase value even further? 8% cap rate including vacancy, maintenance and management expenses. This property offers 8 fully tenanted units and is zoned for up to 10 residential apartments. With interior existing unused space, there's potential to add 2 additional 1-bedroom units-a built-in value-add opportunity. Unit 4 is currently under-rented, providing additional upside. Most units have already seen upgrades and are occupied by great tenants. Recent capital improvements include new weeping tile (2023) on the north and east sides, resolving previous water penetration concerns. The original structure features a solid rock foundation, while the addition (c. 1987) provides a purpose built 6 unit addition. Other highlights include a double garage with an attached outbuilding for extra storage, two furnaces, two A/C units, and two hot water on-demand rental systems. Each unit has its own hydro panel and current rents are all-inclusive. Roof shingles are in excellent condition (age unknown).The location is unbeatable being located right beside the new OPP station, and within walking distance to downtown amenities including the Beer Store, LCBO, restaurants, and the Mattawa River just a couple of blocks away. Management company willing to stay on (I am part ower of that company with my son) (id:56069)

Realty Executives Local Group Inc. Brokerage

West Nipissing, Ontario

Well-Maintained Legal 4-Plex! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with two dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. 1 or 2 units may be vacant at closing for new owner to set rents and pick their own tenants (id:56069)

Realty Executives Local Group Inc. Brokerage

West Nipissing, Ontario

Well-Maintained Legal 4-Plex! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with two dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. 1 or 2 units may be vacant at closing for the new owner to set your rents and pick your own tenants (id:56069)

Realty Executives Local Group Inc. Brokerage

North Bay, Ontario

Looking for a strong cash-flowing investment that meets the 1% rule? This turnkey 13-unit residential complex delivers immediate income with excellent upside potential as interest rates decline. Sitting on a 1-acre lot, the property includes a newly renovated 3-bedroom detached home and a 12-unit main building that was rezoned in 2022. The main building offers 11 bachelor units and one 1-bedroom unit. Gross rental income is $136,573 with projected expenses (including management, vacancy, and maintenance) estimated at $54,169, resulting in a solid net income before financing of $78,307. With 7 of the 13 units already at or near market rent, there is substantial opportunity to grow returns as the remaining 6 tenancies turn over. The property has been well-documented and carefully maintained, with updates and reports that include: new shingles with ice guard (2023), site plan control with building and parking details, water testing and well reports, zoning confirmations, a 2014 fire retrofit, and detailed income/expense statements. The fully renovated 3-bedroom home was restored by professional fire remediation contractor. Package includes occupancy permits and major updates including electrical, gas furnace, framing, and drywall, all completed to current code. Additional highlights include 5 older septic systems in good working order and a drilled well, supported by engineering reports confirming compliance with MOE guidelines. (id:56069)

Realty Executives Local Group Inc. Brokerage

North Bay, Ontario

Looking for a strong cash-flowing investment that meets the 1% rule? This turnkey 13-unit residential complex delivers immediate income with excellent upside potential as interest rates decline. Sitting on a 1-acre lot, the property includes a newly renovated 3-bedroom detached home and a 12-unit main building that was rezoned in 2022. The main building offers 11 bachelor units and one 1-bedroom unit. Gross rental income is $136,573 with projected expenses (including management, vacancy, and maintenance) estimated at $54,169, resulting in a solid net income before financing of $78,307. With 7 of the 13 units already at or near market rent, there is substantial opportunity to grow returns as the remaining 6 tenancies turn over. The property has been well-documented and carefully maintained, with updates and reports that include: new shingles with ice guard (2023), site plan control with building and parking details, water testing and well reports, zoning confirmations, a 2014 fire retrofit, and detailed income/expense statements. The fully renovated 3-bedroom home was restored by professional fire remediation contractor. Package includes occupancy permits and major updates including electrical, gas furnace, framing, and drywall, all completed to current code. Additional highlights include 5 older septic systems in good working order and a drilled well, supported by engineering reports confirming compliance with MOE guidelines. (id:56069)

Realty Executives Local Group Inc. Brokerage

Whitewater Region, Ontario

The Canary model located in Wren Subdivision is a must-see! Make your way into the home & find a beautifully designed layout on a 70ft wide lot. Ample windows & natural light flooding the living room, dining room & kitchen, which includes a built-in pantry. Beautiful colour combinations throughout, excellent finishes and Moen plumbing fixtures. Walk out onto the covered back deck & entertain in the fresh air! Includes 3 beds & 2 baths; the primary suite with walk-in closet & private 3pc ensuite. Convenient main floor laundry room/mudroom off the garage! Ample main floor living space & even more if you decide to finish the basement to your own tastes. This lovely community has a great mix of retirees & a younger generation. In the heart of Whitewater Region, nature's playground surrounds you! Close to the beach, whitewater rafting & kayaking, trails... the list goes on! 1 hr west of Ottawa & close to Hwy 17 for an easy commute. Close to neighbouring communities such as Pembroke, Renfrew & Arnprior. Buy new & find peace of mind with your Tarion Warranty! Ready for March 2026 occupancy. 24 hrs irrevocable on offers. (id:56069)

Royal LePage Edmonds & Associates

Thunder Bay, Ontario

Hot New Listing Alert! Wake up to the breathtaking panoramic views of Lake Superior and the iconic Sleeping Giant! Stunning two-storey character home located in the sought-after Mariday Park neighbourhood. This spacious property offers 4 + 2 bedrooms and 3 bathrooms, featuring an inviting eat-in-kitchen and formal dining room with beautiful lake views. The large living room is perfect for family gatherings, while the original hardwood floors and classic trim throughout showcase this beautiful home's timeless charm. A detached garage adds convenience and the home is ideally located in the heart of Port Arthur close to schools, parks, clinics, shopping and amenities. A rare listing that is prefect for the growing family . (id:56069)

Signature North Realty Inc.

Peterborough, Ontario

This immaculate, well-maintained 3+1 bedroom raised bungalow is located in a desirable east-end neighborhood, conveniently close to a local school. The home boasts a bright and spacious new kitchen with lots of storage that walks out to the side deck perfect for barbecues and an open-concept living and dining area featuring new flooring that extends into the primary bedroom. The primary suite includes a large closet and a semi-ensuite bathroom. With two additional bedrooms on the main floor, this home is ideal for family living. The downstairs area, with its large windows, offers a spacious rec room, another bedroom, an office/den, and a 3-piece bathroom. The fenced yard is lovely with many perennials and a large shed for storing your garden tools. This property is located with easy access to many amenities, trails, the canal, the new canoe museum, ecology and Beavermead Park, as well as easy access to the 115 for commuters. (id:56069)

Royal LePage Frank Real Estate

Alnwick/haldimand, Ontario

Nestled on 1.2 acres and just two blocks from Lake Ontario, this beautifully renovated 1870 home seamlessly blends historic charm with modern comfort. The property features numerous updates, including a brand-new kitchen, bathrooms, appliances, windows, doors, and siding. Located on a quiet side street, the home boasts a private, expansive backyard adorned with mature trees, vibrant perennial gardens, and a small orchard with delightful peach, pear, apple, quince, and cherry trees. There is also a large outbuilding perfect for a workshop or additional storage. On the main level, you'll find a spacious foyer with new main-level laundry, a modern 4-piece bathroom, a large eat-in kitchen, and an airy living room that opens to a deck. The upper level includes four bedrooms, including a primary suite complete with a walk-in closet and a 2-piece bathroom. The entire home is filled with natural sunlight thanks to large windows and tall ceilings throughout. The original hardwood floors and wooden staircase have been beautifully refinished, while new flooring has been added in two of the bedrooms. This is a rare opportunity to own property in the hidden gem of Lakeport, a tranquil, family-friendly lakeside community. It's just a three-minute drive to a large public beach and boat ramp or a five-minute stroll to the waterfront. Lakeport is conveniently located near Colborne and Cobourg with local amenities, such as golf, St. Anne's Spa, restaurants, multiple beaches and parks, restaurants and shops. Less than five minutes from Highway 401 and 1.5 hours from Toronto. (id:56069)

RE/MAX Rouge River Realty Ltd.

Kawartha Lakes, Ontario

This home is much larger than you would think! Nestled in a fantastic neighbourhood, this charming, meticulously maintained, bungalow offers two plus two bedrooms and three bathrooms, including a lovely ensuite in the primary suite. The main level features gleaming hardwood floors complemented by laminate tile in the kitchen and dining area. The open concept great room, with its cathedral ceiling and cozy fireplace, has been freshly painted including new cabinet doors, new quartz countertop, a pantry, and a laundry closet and ample sitting area around the gas fireplace. Downstairs, a huge, finished rec room, two additional bedrooms, a three-piece bathroom and a kitchenette rough-in await, all with laminate flooring - while carpet only appears on the stairs. It is a home designed for comfortable living. Move in ready! (id:56069)

Keller Williams Community Real Estate

Belleville, Ontario

Duvanco townhome located on one of the last premium lots in this phase of Settlers Ridge. This luxury built home backs onto peaceful greenspace and is fully finished and ready for occupancy. This 1+1 bedroom home features nine-foot ceilings on the main floor with a dramatic vaulted ceiling in the great room. Premium laminate flooring throughout the main floor, with porcelain tile in bathrooms and laundry. The designer kitchen shines with quartz countertops, soft-close cabinetry with crown moulding, under-cabinet lighting, and a corner walk-in pantry. The primary bedroom boasts a spacious ensuite with tiled step-in shower and glass surround. The finished basement includes a second bedroom, four-piece bathroom, recreation room, and office/flex room. The attached single-car garage comes insulated, drywalled, and primed. Outside, enjoy full brick exterior, asphalt driveway, decorative precast walkway, sodded yard, and pressure-treated deck. Bird Park, shopping and access to the 401 are all minutes away. Every Duvanco home includes Holmes Approved three-stage inspections with certification. (id:56069)

Royal LePage Proalliance Realty

Brighton, Ontario

McDonald Homes is pleased to announce new quality townhomes with competitive Phase 1 pricing here at Brighton Meadows! This 1,158 sq.ft Bluejay model is a 2 bedroom, 2 bath inside unit featuring high quality luxury vinyl plank flooring, custom kitchen with island and eating bar, primary bedroom with ensuite and double closets, vaulted ceiling in great room. Economical forced air gas and central air, deck and an HRV for healthy living. These turn key houses come with an attached single car garage with inside entry and sodded yard plus 7 year Tarion Warranty. Located within 5 mins from Presquile Provincial Park and downtown Brighton, 10 mins or less to 401. Some customization is possible and the home can 'close' beginning of April. (Note: Photos are of a different unit with the same floor plan and subject is 'to be built'.). The Ontario and Federal governments have, or are proposing to, rebate the HST to qualifying First Time Home Buyers (FTHB) who purchase a new home. For example, a FTHB who buys a new $500K townhouse could qualify for a $65K rebate from the governments previously mentioned. Worth checking out! (id:56069)

Royal LePage Proalliance Realty