495-497 FERGUSON Avenue Haileybury

495-497 FERGUSON Avenue, Haileybury

$4,965,000

  • 37
  • 26
24,500 Square Feet
Welcome to Renaissance Place, a premier multifamily investment opportunity nestled in the bustling community of Temiskaming Shores, just 5 hours north of Toronto. This modern complex, completed in 2015, boasts 26 meticulously crafted units designed to meet the needs of today's discerning tenants. With a solid 5.5% CAP Rate, Renaissance Place offers a lucrative investment proposition. The unit mix comprises 6 bachelor, 3 one-bedroom, and 17 two-bedroom apartments, catering to a diverse range of tenants. Each unit is equipped with high-end stainless steel appliances, ensuring both functionality and style. Security is paramount at Renaissance Place, with a state-of-the-art FOB entry system providing peace of mind for residents and investors alike. Energy efficiency is prioritized through the installation of high-efficient LED light fixtures and gas boilers, reducing operational costs and environmental impact. Convenience is key with on-site coin laundry rooms featuring change machines, offering residents hassle-free access to laundry facilities. The property is fully occupied, underscoring the high demand for tenancy in this vibrant community. Temiskaming Shores is renowned for its thriving industries in agriculture, forestry, and mining, ensuring a stable economic base and consistent demand for housing. With its prime location and upscale amenities, Renaissance Place presents a compelling opportunity for investors seeking long-term growth and attractive returns in the flourishing rental market of Temiskaming Shores. (id:46993)
  • Listing ID: 40572068
  • Property Type: Multi-family
  • Year Built: 2015
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Details

  • Amenities Nearby: Shopping
  • Community Features: High Traffic Area
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 26
  • Transaction: For sale
  • Zoning Description: R4-14, C1A

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 2015
  • Constructed Material: Wood frame
  • Cooling: Wall unit
  • Exterior Finish: Wood
  • Fireplace Present: False
  • Fire Protection: Unknown
  • Bathrooms (Total): 26
  • Heating: Baseboard heaters, Radiant heat
  • Heating Fuel: Electric
  • Size Interior: 24500.0000
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Amenities: Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 200 ft
  • Size Frontage: 85 ft

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    This property for sale, located at 495-497 FERGUSON Avenue in Haileybury, was last modified on April 15th, 2024. Contact the Collingwood Real Estate Group today to schedule a viewing or to find other properties for sale in Haileybury.

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