690 Highway 144, Onaping, Ontario P0M2R0

Property Description

Discover the potential of this spacious triplex offering three generous 3-bedroom units, each approximately 1,000 sq ft. Whether you’re looking to expand your investment portfolio or step into homeownership with mortgage-supporting rental income, this property presents an exceptional opportunity. Live in one unit while tenants help offset your mortgage, or maximize the full income potential by adding this property to your investment portfolio. Unit #3 is occupied by a reliable long-term tenant who would love to stay, providing immediate rental stability and peace of mind for investors. Bathrooms in Units #1 and #2 have been beautifully renovated, while the property also features newer flooring, windows, doors, hot water tanks, and a newer rental water softener. Situated on a spacious lot with no water bills, this property offers both value and flexibility. Conveniently located near Larchwood Public School and École Élémentaire Saint-Étienne, the area is ideal for families and long-term tenants alike. With Northern Ontario’s strong mining industry nearby, this property may also appeal to miners and shift workers seeking affordable multi-unit housing close to work. A rare opportunity with strong income potential for both investors and owner-occupants. (id:5764)