Map location of 12021 HIGHWAY 17, Sturgeon Falls, ON P2B2S7
$1,100,000
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12021 Highway 17, Sturgeon Falls, ON P2B2S7

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6 Beds
3 Baths
1,856 Sq Ft

Introducing 12021 Hwy 17, Sturgeon Falls a prime investment opportunity featuring a blend of residential and commercial spaces, offering impressive income potential and a Vendor Take-Back (VTB) option. This fully renovated property boasts multiple income streams, making it an ideal addition to any savvy investors portfolio. The residential section (1856 sq.ft.) includes a spacious 3-bedroom main-floor apartment, a comfortable 2-bedroom basement apartment, and a cozy 1-bedroom studio apartment, each with its own heating zone, in-floor heat, and gas hot water radiant heating in the upper level. These modern features ensure high tenant satisfaction and occupancy rates. The commercial component comprises a 1, 945 sq. ft. fully renovated building, housing a doctors office and an additional 525 sq. ft. leased space, generating a current annual income of $58, 590. With over $800, 000 invested in renovations in the commercial unit alone, this space is turnkey and requires minimal maintenance. Additionally, the newly constructed 30x40 double-door garage offers extra storage or business use opportunities. This property promises diverse income streams, with a potential gross annual income of $122, 791 when the residential units are fully rented. The commercial rentals alone can significantly offset living expenses, allowing for a balanced and profitable investment. The owner-occupied nature of the property provides the flexibility to select your own tenants and efficiently manage the property. With commercial zoning (C2), there is ample opportunity for expanding business operations on the expansive 1.358-acre property. (id:55598)

Listing By: MIKE BURMAN - REALTY EXECUTIVES Local Group Inc. Brokerage
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40578274
  • Date Listed06/10/2024
  • Days on Realty 194 Days
  • Bedrooms 6
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Other
  • Water Well
  • Square Feet 1,856 sq. ft
  • Price Per Sq. Ft $592.67

Interior Features

  • Appliances Water softener, Water purifier
  • Cooling Central Air Conditioning
  • Heating In Floor Heating, Radiant Heat

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

École secondaire publique Nipissing Ouest

Public • 9 - 12

32.19 km

Distance

Our Lady of Sorrows Separate School

Private • PK - 8

20 km

Distance

Northern Secondary School

Private • 9 - 12

20 km

Distance

École élémentaire catholique Saint-Joseph

Private • PK - 8

20 km

Distance

École élémentaire catholique La Résurrection

Private • PK - 8

20 km

Distance

École secondaire catholique Franco-Cité

Private • 9 - 12

20 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / P2B2S7

Source: Walkscore

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 21/100.

Points of interest near 12021 HIGHWAY 17, Sturgeon Falls, ON P2B2S7

105 m

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149 m

Distance

208 m

Distance

Pizza Hut, West Nipissing, ON, Canada

Food • Retail • Nightlife

288 m

Distance

356 m

Distance

372 m

Distance

409 m

Distance

448 m

Distance

457 m

Distance

494 m

Distance

0.51 km

Distance

112 m

Distance

165 m

Distance

177 m

Distance

448 m

Distance

485 m

Distance

Sturgeon Falls Curling Club, West Nipissing, ON, Canada

Recreation • Education Entertainment

0.59 km

Distance

112 m

Distance

202 m

Distance

Pizza Hut, West Nipissing, ON, Canada

Food • Retail • Nightlife

288 m

Distance

0.55 km

Distance

Sturgeon Falls Curling Club, West Nipissing, ON, Canada

Recreation • Education Entertainment

0.59 km

Distance

Sturgeon Falls Curling Club, West Nipissing, ON, Canada

Recreation • Education Entertainment

0.59 km

Distance

268 m

Distance

Frequently Asked Questions for 12021 HIGHWAY 17

Source: Realty.com

12021 HIGHWAY 17, Sturgeon Falls, ON P2B2S7 is a Other, Residential Income property listed for $1,100,000 The property is 1856 sq. ft with 6 bedrooms and 3 bathrooms

Realty.com has 50 photos of 12021 HIGHWAY 17.

The full address for this home is 12021 HIGHWAY 17, Sturgeon Falls, ON P2B2S7.

12021 HIGHWAY 17 has been listed on Realty.com since Mon June 10, 2024

The average walkability score in the surrounding area is Walk Score: 11/100, Transit Score: 0/100, Bike Score: 21/100.

Listing provided courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage (tel: (705) 478-8588)
Listing agent: MIKE BURMAN (tel: (705) 477-4442)

This content last refreshed on 2024-12-21 07:58:39. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 12021 HIGHWAY 17, Sturgeon Falls, ON P2B2S7 : MLS® 40578274

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