160 days on market
$750,000
For Sale

173 King St

Sturgeon Falls, West Nipissing

Yes|160 days on market

$750,000

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Home Details

Taxes
$535 / month
Total Parking Spots
12
Driveway
Available
Garage Spaces
NaN
Furnished
No
Move-in Date
Immediate
Building Age
100+ Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Basement
Apartment
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Sewers
Property Type
Other
Style
3-Storey
Status
New
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Listing Description

This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **EXTRAS** Some tenants have laundry and others don't.

Property History

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Listing DateDOMList PriceSold PriceEventMLS ID
Sep 17, 2024N/A$739,000N/ASoldX9352950
Sep 16, 2024165$739,000N/AExpiredX9353133

Rooms

Room dimensions for 173 King St, West Nipissing
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 173 King St is 4232

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$750000
Down Payment$150000
Mortgage Insurance$0
Total Mortgage$600000

Monthly Payment


Mortgage Payment$3697
Property Taxes$534
Maintenance Fees$0
Monthly Payment$4232
$4232
monthly

About 173 King St, West Nipissing

Located at 173 King St , this West Nipissing house is available for sale. This property was listed for $750,000 on Mon Mar 10 2025. This house's size is 5000 + Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 12 parking spots. 173 King St, West Nipissing is situated in the Sturgeon Falls neighbourhood.


MLS#: X12011514 · $750,000 · null bedroom house in Sturgeon Falls, West Nipissing