Property contains
-One commercial space - approximately 1500 sqft presently rented
-Six (6) apartments:
*two bachelor apartments including fridge and stove
*one basement apt.
*one 2 bedroom apt. on main floor
*one 4 bedroom approx. 1800 sqft apt. on second floor
*one 3 bedroom approx. 1500 sqft apt. on third floor
(All presently rented)
This property is located on a beautiful commercial lot located in the heart of Sturgeon Falls, 1/4 mile from the beach on the Sturgeon River and 1 mile from Lake Nipissing.
Centrally located with municipal sidewalk at front of building making it a high traffic area. Prime commercial lot surrounded by commercial properties. Banks, grocery stores, retail stores, schools and post office all in walking distance. Initially used as a bank. Still has 2 safes. Excellent location to start a new business.
Call for revenue/expense information.
Must be seen to be appreciated $275,000.00
PLEASE LEAVE PHONE NUMBER AND TIME TO BE REACHED....AND OWNER WILL CONTACT YOU WITH MORE INFORMATION.....SERIOUS INQUIRIES ONLY PLEASE.
Property Features
Appliances: refrigerator and stove included in both bachelor apartments
Floor Covering: Hardwood, Laminate, Linoleum, 3 apartments have original hardwood flooring
Basement: Apartment, Separate Entrance, Totally Finished, 1 bedroom basement apt., Furnace & hot water heater room
Bathroom: All apartments have 3 piece bathrooms
External Facing: Brick, Metal/Steel Siding
Garage: None
Driveway Details: Gravel, Outside
Parking Spaces: 5
Exposure: East
Location Details: Close to All Services, Highway Access, Near Schools, Close to shopping, post office, laundrymat, very central
Property Costs
Property Taxes: $4,600 / year
Heating: $220 / month
Water: $250 / month
Electricity: $350/ month
Location Map
Map
Neighborhood Information
Street View
Property Summary
Property ID:
1353
Property Cat:
Commercial Multiplex
Property Type:
Commercial
Size:
8,400 sq. ft
Lot Dimensions:
66x132
Property Width:
66.00 ft
Property Length:
132.00 ft
Land Transfer Tax Calculation Ontario
"The Land Transfer Tax in Sturgeon Falls, Ontario based on the selling price of $275,000.00 is $2,600.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5% + $55,000.00 to $250,000.00 - land transfer tax is 1.0 + $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%
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