Temiskaming Shores, ON P0J 1P0,554 Lakeshore RD
Temiskaming Shores, ON P0J 1P0,554 Lakeshore RD
Temiskaming Shores, ON P0J 1P0,554 Lakeshore RD
Temiskaming Shores, ON P0J 1P0,554 Lakeshore RD
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$ 599,000
Est. payment | /mo

8 Beds


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$ 599,000
Est. payment | /mo
Save

8 Beds

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X8071762

Style 2-Storey

Bedrooms 8

Annual Tax Amount $10,021

Tax Year 2023

Property Description

Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities.

Location

State ON

County Timiskaming

Area Timiskaming

Rooms

Family Room Yes

Basement Partial Basement, Unfinished

Kitchen 6

Interior

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 12.0

Pool None

Total Parking Spaces 12

Building

Unit Features Golf,Lake/Pond,Place Of Worship

Listed by THE AGENCY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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554 Lakeshore RD