705.676.6269

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  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
  • 495-497 FERGUSON Avenue
495-497 FERGUSON Avenue, Haileybury, Ontario, P0J1K0
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:42512)


Details
Amenities NearbyShopping Community FeaturesHigh Traffic Area
FeaturesLaundry- Coin operated OwnershipFreehold
Parking Spaces26 TransactionFor sale
Zoning DescriptionR4-14, C1A
Building
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
Land
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

Listing Office: Alloway Property Group Ltd., Brokerage

Data Provided by The Lakelands Association of REALTORS®

Last Modified :15/04/2024 04:01:45 PM

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