255 Rorke Avenue, Temiskaming Shores, Ontario P0J 1K0 (27817190)
- Home
- 255 Rorke Avenue, Temiskaming Shores, Ontario P0J 1K0 (27817190)
255 Rorke Avenue Temiskaming Shores, Ontario P0J 1K0
$995,000
This 11-unit property offers a rare chance to invest in a high-demand rental market benefiting from strong tenant interest and consistent occupancy. The unit mix consists of a three-bedroom unit, a cozy one-bedroom unit, and nine spacious two-bedroom units, all conveniently accessible through the shared common areas. All units have their own hydro meter, with nine units currently paying their own hydro. Heat is ran through a baseboard electric system limiting expenses for the landlord. Water and Sewer are municipal and paid by the Landlord. Recent updates enhance its appeal and operational efficiency, while a notable gap to market rents provides significant value-add potential. Situated on a spacious lot with a large parking area in the front, the property presents opportunities for future development or additional amenities. This well-positioned asset combines immediate income stability with long-term growth potential in a growing northern community. (id:61210)
Property Details
| MLS® Number | T11929940 |
| Property Type | Multi-family |
| Community Name | Haileybury |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 0.34 Acres |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 150 Ft |
| Size Irregular | 150 X 100 Ft |
| Size Total Text | 150 X 100 Ft |
| Zoning Description | R |
Contact Us
Contact us for more information
Justin Salazar
Salesperson
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8
(866) 530-7737
(647) 849-3180
www.exprealty.ca/
Jack Anbara
Salesperson
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8
(866) 530-7737
(647) 849-3180
www.exprealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 17 2025 11:51:10
Ottawa Real Estate Board
Exp Realty