Property Details
510 VALOIS Drive, Mattawa, Ontario, P0H1V0
Sales Representative
REALTY EXECUTIVES Local Group Inc. Brokerage - Temagami
Cell: 705-493-5393
$1,100,000 - For sale
Want a cash flowing property that meets the 1% rule with room to lift value further? What will the property cash flow produce as interest rates decline? Seller also willing to hold a second VTB mortgage to cover your down payment. This building currently has 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. (id:2471)
Location DescriptionHighway 17 Eastbound into Mattawa to 510 Valois beside OPP station
- Property Address:510 VALOIS Drive, Mattawa, Ontario, P0H1V0
- Property Type:Multi-family
- Title:Freehold
- Lot Size:0.47 ac|under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Road access, Highway access
- Driveway:Detached Garage
- Parking Space Total:20
- Bedrooms:15
- Bathrooms:8
- Floor Space:6142 sqft
- Heating Type:Natural gas, Forced air
- Storeys:2
- Basement Type:Partial (Partially finished)
- Foundation Type:Block
- Cooling Type:Central air conditioning
- Exterior Type:Vinyl siding
- Amenities Nearby:Hospital, Schools, Shopping
Sales Representative
REALTY EXECUTIVES Local Group Inc. Brokerage - Temagami
Cell: 705-493-5393
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 510 VALOIS Drive, Mattawa, Ontario, P0H1V0
- Neighbourhood Information
510 VALOIS Drive, Mattawa, Ontario, P0H1V0
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Terms and Conditions
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.