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554 Lakeshore Rd
Temiskaming Shores | | P0J 1P0- 8 + 0
- 6
- 0
Ask: $649,000 $599,000
-
Days on market
287
-
Status
Pc
Home details
- MLS #:
X8071762
- Property type:
- Multiplex
- Style:
- 2-Storey
- Taxes:
- $10,021
- Possession:
- Flexible
- Lot Front:
- 107.42 Feet
- Lot Depth:
- 107.96 Feet
- Basement:
- Part Bsmt | Unfinished
- Driveway Pkg:
- 12
- Heat:
- Gas | Forced Air
Description
554 Lakeshore Rd, , Temiskaming Shores, Ontario is a Multiplex property in Temiskaming Shores and in the community in the P0J 1P0 postal code
Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities..
Extras
Annual Expenses: Heating is $3,840, Water is $6,066, Hydro is $9,000 and Insurance is $4200. Property taxes include the cost of water/sewer ($6,066) and the total cost is $10,021..
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2024-02 | 2024-04 | $649,000 | $599,000 | Pc | X8071762 |
| 2024-02 | 2024-11 | $649,000 | $599,000 | New | T9274987 |
| 2019-01 | $149,900 | $149,900 | W4266508 | ||
| 2024-11 | $649,000 | $649,000 | T9278779 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-06 | 22556 Loyalist Pkwy, | $549,900 | $549,900 | 21 |
| 2024-06 | 1 Balfour Pl, | $1,059,000 | $1,055,000 | 98 |
| 2023-07 | 334 Southworth St S, | $599,000 | $515,000 | 31 |
| 2023-06 | 8 Cady St, | $599,900 | $517,000 | 56 |
| 2022-06 | 4205 Fly Rd, | $1,500,000 | $1,440,000 | 225 |
| 2022-05 | 312 Hilton Ave, | $899,000 | $1,050,000 | 7 |
| 2022-05 | 402 Fares St, | $949,000 | $949,000 | 4 |
| 2022-04 | 57 William St, | $1,300,000 | $1,250,000 | 13 |
| 2022-04 | 107 Sixth Ave, | $899,900 | $940,000 | 25 |
| 2022-03 | 157 Stanley St, | $1,500,000 | $1,500,000 | 44 |
| 2022-02 | 146 Kitchener Rd, | $1,150,000 | $1,100,000 | 8 |
| 2021-12 | 25 Wauchope Ave, | $1,299,900 | $1,250,000 | 49 |
| 2021-07 | 4553 Ferguson St, | $779,900 | $770,000 | 99 |
| 2021-07 | 2 Kline's Ave, | $455,000 | $625,000 | 3 |
| 2021-06 | 157 Stanley St, | $1,050,000 | $1,015,000 | 42 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Temiskaming Shores :
Estimated running costs for 554 Lakeshore Rd
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $2031 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $835 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Golf
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Lake/Pond
-
Place Of Worship
Payment calculator
-
Principal and Interest
2031 /mo
-
Property Taxes
$835 /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 Brokerage
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