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Last Updated : 60 Days ago
510 Valois Drive, Mattawa, ON,
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510 Valois Drive, Mattawa MLS Number: 40603811

Mattawa, Nipissing, ON, P0H 1V0

$1,100,000

Status: For Sale

  • 15+ Beds
  • 8 Baths
  • Area : 6142 sqft
  • Property Type: Residential Income (Multi-6-9 Unit)
  • Property Taxes : $8208 (Tax Year:2023)
  • Listing Courtesy : Realty Executives Local Group Inc. Brokerage

510 Valois Drive Property Description

Want a cash flowing property that meets the 1% rule with room to lift value further? What will the property cash flow produce as interest rates decline? Seller also willing to hold a second VTB mortgage to cover your down payment. This building currently has 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also.

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510 Valois Drive Property Facts

Property Type :Residential Income
MLS Number :40603811
Listing Type :Sale
Property Age :Unknown Years
Possession Date :
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Last Updated :26 Sep, 2024 (60 Days ago)
Source :North Bay
Area :Nipissing
City :Mattawa
Area Major :Mattawa
Area Minor :Mattawa
Postal Code : P0H 1V0
Directions :Highway 17 Eastbound into Mattawa to 510 Valois beside OPP station

510 Valois Drive Property Price & Tax Insights

Price : $1,100,000
Property Taxes :$8208
Tax Year :2023

510 Valois Drive, Mattawa Property Details

Bedrooms :15 +
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Cross Street :Brook St.
Bathrooms :8
Approx Square Footage :6142 sqft
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510 Valois Drive, Mattawa - Price History

2024-06

12 Jun, 2024

TREB #40603811

Property update

$1100000

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510 Valois Drive - Location Map and Landmarks

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FAQs: 510 Valois Drive, Mattawa

  • Q:What is the Area Size of the 510 Valois Drive In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 6142 sq. ft and is strategically located in Nipissing. The MLS No of this project is 40603811 and the Project is located in ON, Canada
  • Q: Does this Project 510 Valois Drive available for Sale ?

    A: The project 510 Valois Drive is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 510 Valois Drive is Offering?

    A:Square Yards is giving a Cashback of $5,500 if you buy this property from us, however there are several key features offered by the 510 Valois Drive. You get 15+ Beds with 8 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 510 Valois Drive, Nipissing?

    A: 510 Valois Drive, Nipissing comes with 15+ Beds for maximum convenience and space. There are 8 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Nipissing, On?

    A:Nipissing, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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