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$ 288,000
Est. payment /mo
Active
283 MERIDIAN AVE Temiskaming Shores, ON P0J 1K0
4 Beds
2 Baths
0.5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Haileybury
MLS Listing ID T12231090
Style Other
Bedrooms 4
Building Age 51-99
Annual Tax Amount $3,900
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Multiplex
Lot Depth 187.24
Lot Front 58.83
Appx SqFt < 700
Property Description
This fully rented duplex is an exceptional investment opportunity! Both apartments have been beautifully renovated and are in excellent condition, each offering 2 spacious bedrooms and a full bathroom. Tenants enjoy the comfort and efficiency of natural gas heating and hot water on demand, while separate hydro and gas meters ensure individual utility management. Each unit also features a radiant electric heat panel in the living room and washer/dryer hookups for added convenience. The large shared backyard offers plenty of outdoor space for tenants to enjoy. With ample parking for both units, this property is tenant-friendly and highly functional. Fire-inspected and retrofitted in 2015, the duplex has been upgraded with new siding and 2-inch foam insulation, as well as new windows, facia, and soffits. This is an ideal income property or an excellent opportunity to live in one unit and have the rent from the other cover your mortgage! Property code 332. Utilities being paid by tenants. Rental Income: Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage!
Location
Province ON
County Timiskaming
Community Haileybury
Area Timiskaming
Zoning RESIDENTIAL
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features Water Heater
Cooling None
Exterior
Exterior Feature Privacy
Pool None
Roof Type Unknown,Asphalt Shingle
Lot Frontage 58.83
Lot Depth 187.24
Total Parking Spaces 6
Building
Foundation Concrete, Post & Pad
Others
Senior Community No
Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE
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