173 King St

West Nipissing | | P2B 1R6
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$750,000

Est. Mtg $2,543 /mo
  • Days on market

    71

  • Status

    New

Listing Broker KELLER WILLIAMS REFERRED URBAN REALTY
Since listed: 1 views

Home details

MLS #:

X9353133

Property type:
Other
Style:
3-Storey
Taxes:
$6,413
Possession:
Immediate
Lot Front:
 
Lot Depth:
 
Basement:
Apartment |
Driveway Pkg:
12
Heat:
Gas | Forced Air

Description


173 King St, , West Nipissing, Ontario is a Other property in West Nipissing and in the community in the P2B 1R6 postal code


This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you dont want to miss!.

Extras

Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others..


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-09 $750,000 $750,000 New X9353133
2018-10 $475,000 $475,000 X4190640
2024-01 $79,750 $79,750 X7582283
2024-02 $269,900 $269,900 X7769190
2024-09 $750,000 $750,000 X9352950

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

West Nipissing :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 173 King St

Based on available 3rd party data

$3212

Approximate costs per month

Mortgage
$2543 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$534 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake/Pond
  • Park
Listing Broker KELLER WILLIAMS REFERRED URBAN REALTY
Data Source: TRREB

Payment calculator

$3077 monthly. In association with: TD Bank
%
  • Principal and Interest
    2543 /mo
  • Property Taxes
    $534 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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