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$ 1,199,999
Est. payment /mo
Active
2301 AIRPORT ROAD Timmins (tnw - Rural), ON P4N7C3
7 Beds
4 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $399
Subdivision Tnw - Rural
MLS® Listing ID T12256882
Style Bungalow
Bedrooms 7
Source Timmins, Cochrane & Timiskaming District Association of REALTORS®
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 (id:24570)
Location
Province ON
Lake Name Mattagami River
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features Yes
View Y/N Yes
View Direct Water View
Total Parking Spaces 40
Private Pool No
Building
Story 1
Sewer Septic System
Water Mattagami River
Architectural Style Bungalow
Listed by REALTY NETWORKS INC.
