2301 Airport RD new

Timmins,ON P4N 7C3

$ 1199999

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Tnw - Rural

MLS Listing ID T12256882

Style Bungalow

Bedrooms 7

Annual Tax Amount $5,780

Tax Year 2024

Property Sub-Type Multiplex

Appx SqFt 3000-3500

Property Description

Rare waterfront investment opportunity on the Mattagami River featuring four residential units, a large three-bay garage, and a commercial-quality hut, all situated on nearly 10 acres of land. The property includes a four-unit residential building with current all-inclusive rents of $1,100, $1,200, and $800, providing steady income. The commercial hut, measuring 60 by 45 feet, is currently leased under a triple net agreement at $3,955 per month, offering excellent cash flow. A standout feature is the large section of land located directly across the river, which is accessible and offers potential for future development, recreational use, or further investment. With multiple income streams, riverfront access, and nearly 10 acres of space, this property presents a unique and versatile opportunity for investors, business owners, or anyone looking to secure a valuable piece of real estate in a scenic and strategic location. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0

Location

Province ON

County Cochrane

Community Tnw - Rural

Area Cochrane

Zoning EA-CH, RD-HAZ, RD-HAZ (SP6.43)

Rooms

Family Room Yes

Kitchen 4

Interior

Cooling None

Fireplaces Type Natural Gas

Exterior

Exterior Feature Deck

Garage Spaces 40.0

Pool None

Waterfront Description Other

Roof Type Asphalt Shingle,Metal

Building

Foundation Concrete Block

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