495-497 FERGUSON AVE (X6649380) – Einas Makki Broker

Listing ID: X6649380

$4,200,000

CATALYST REAL ESTATE BROKERAGE LTD.

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**495-497 FERGUSON AVE, Temiskaming Shores, Ontario, P0J1K0**
Property TypeMulti-family	Building Area13808.5 square feet

Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015. The building features a FOB entry system, high efficient LED light fixtures and gas boilers. All suites have stainless steel appliances and coin laundry is onsite located in each basement. This property is fully occupied with high demand for tenancies and average turnover with rental increases. There is continued need for labour in the forestry, mining & support services, which ensures no end to the list of high-quality tenants looking for housing in the north. If you've been looking for a stable turn-key investment opportunity, this one's for you!**** EXTRAS **** Well maintained offering at 6.55% CAP rate. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. (id:42512)

**Business**
Business TypeResidential	Business Sub TypeApartments

**Details**
TransactionFor sale

**Building**
CoolingPartially air conditioned	Bathrooms (Total)0
Size Interior13808.5 sqft	TypeMulti-Family
Utility WaterMunicipal water

**Land**
Size Irregular78 x 157 FT ; Irreg, Multi Parcel

Listing Office: CATALYST REAL ESTATE BROKERAGE LTD.

Data Provided by Toronto Regional Real Estate Board

Last Modified :08/07/2023 03:26:41 PM

Listing Office: CATALYST REAL ESTATE BROKERAGE LTD.

Data Provided by Toronto Regional Real Estate Board

Last Modified :08/07/2023 03:26:41 PM

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