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$ 1,199,999
Est. payment | /mo
7 Beds
4 Baths
$ 1,199,999
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Tnw - Rural
MLS Listing ID T12256882
Style Bungalow
Bedrooms 7
Annual Tax Amount $5,780
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Rare waterfront investment opportunity on the Mattagami River featuring four residential units, a large three-bay garage, and a commercial-quality hut, all situated on nearly 10 acres of land. The property includes a four-unit residential building with current all-inclusive rents of $1,100, $1,200, and $800, providing steady income. The commercial hut, measuring 60 by 45 feet, is currently leased under a triple net agreement at $3,955 per month, offering excellent cash flow. A standout feature is the large section of land located directly across the river, which is accessible and offers potential for future development, recreational use, or further investment. With multiple income streams, riverfront access, and nearly 10 acres of space, this property presents a unique and versatile opportunity for investors, business owners, or anyone looking to secure a valuable piece of real estate in a scenic and strategic location. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0
Location
Province ON
County Cochrane
Community Tnw - Rural
Area Cochrane
Zoning EA-CH, RD-HAZ, RD-HAZ (SP6.43)
Body of Water Mattagami River
Rooms
Family Room Yes
Basement Full
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplaces Type Natural Gas
Exterior
Exterior Feature Deck
Garage Spaces 40.0
Pool None
Waterfront Description Other
Roof Type Asphalt Shingle,Metal
Road Frontage Municipal Road
Lot Frontage 1031.25
Total Parking Spaces 40
Building
Foundation Concrete Block
Others
Senior Community Yes
Listed by REALTY NETWORKS INC.
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