495-497 FERGUSON Avenue Could Be Your Perfect Match!
Want More Info On This Listing?
- Located In The Beautiful Community of Haileybury, Ontario
- This Multi-family Property Has Exceptional Access to Outdoor Activities
| Bathrooms26 | Bedrooms37 |
| Property TypeMulti-family | Built in2015 |
| Building Area24500 |
|
Welcome to Renaissance Place, a premier multifamily investment opportunity nestled in the bustling community of Temiskaming Shores, just 5 hours north of Toronto. This modern complex, completed in 2015, boasts 26 meticulously crafted units designed to meet the needs of today's discerning tenants. With a solid 5.5% CAP Rate, Renaissance Place offers a lucrative investment proposition. The unit mix comprises 6 bachelor, 3 one-bedroom, and 17 two-bedroom apartments, catering to a diverse range of tenants. Each unit is equipped with high-end stainless steel appliances, ensuring both functionality and style. Security is paramount at Renaissance Place, with a state-of-the-art FOB entry system providing peace of mind for residents and investors alike. Energy efficiency is prioritized through the installation of high-efficient LED light fixtures and gas boilers, reducing operational costs and environmental impact. Convenience is key with on-site coin laundry rooms featuring change machines, offering residents hassle-free access to laundry facilities. The property is fully occupied, underscoring the high demand for tenancy in this vibrant community. Temiskaming Shores is renowned for its thriving industries in agriculture, forestry, and mining, ensuring a stable economic base and consistent demand for housing. With its prime location and upscale amenities, Renaissance Place presents a compelling opportunity for investors seeking long-term growth and attractive returns in the flourishing rental market of Temiskaming Shores. (id:46866) |
| Amenities NearbyShopping | Community FeaturesHigh Traffic Area |
| FeaturesLaundry- Coin operated | OwnershipFreehold |
| Parking Spaces26 | TransactionFor sale |
| Zoning DescriptionR4-14, C1A |
| Basement DevelopmentFinished | BasementFull (Finished) |
| Constructed Date2015 | Construction MaterialWood frame |
| CoolingWall unit | Exterior FinishWood |
| Fire ProtectionUnknown | Bathrooms (Total)26 |
| Heating FuelElectric | HeatingBaseboard heaters, Radiant heat |
| Size Interior24500.0000 | Storeys Total2 |
| Utility WaterMunicipal water |
| Size Frontage85 ft | AmenitiesShopping |
| SewerMunicipal sewage system | Size Depth200 ft |
Listing Office: Alloway Property Group Ltd., Brokerage
Data Provided by The Lakelands Association of REALTORS®
Last Modified :15/04/2024 04:01:45 PM
GreyCountyHomes.com
