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Est. payment /mo
New
222 Whitewood AVE Temiskaming Shores, ON P0J 1P0
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision New Liskeard
MLS Listing ID T13533958
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,880
Tax Year 2025
Property Sub-Type Triplex
Property Description
Legal and conforming triplex offering an excellent investment opportunity in a desirable New Liskeard location. Current rental income is $2,950/month from two occupied units, with the vacant lower-level apartment providing immediate rental potential estimated at approximately $1,100/month, for a total potential gross income of approximately $4,050/month ($48,600 annually). Main floor 2-bedroom apartment rents for $1,450/month all inclusive. Upper 3-bedroom apartment rents for $1,500/month all inclusive. Owner pays all utilities. 2025 expenses: Taxes $5,880, Insurance $2,200, Hydro $1,800, Gas $1,960, Reliance $350, Snow Removal $800. Recent improvements include new flooring in Apartments #2 and #3 (approximately $14,000) and washer/dryer hookups in Apartments #1 and #3. Existing tenants are on one-year leases. Basement apartment is vacant, offering immediate occupancy for an owner or the opportunity to establish current market rent. Income and expense statement, leases and additional information available upon request. Please allow sufficient notice for tenant-occupied units.
Location
Province ON
County Timiskaming
Area Timiskaming
Zoning R3
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features None
Cooling None
Exterior
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 132.0
Total Parking Spaces 3
Building
Building Age 51-99
Foundation Concrete
Others
Senior Community No
ParcelsYN No
Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE