188 days on market
$1,100,000
For Sale

Valois Dr

Mattawa, Mattawa

15+null Bed|8 Bath|Yes|188 days on market

$1,100,000

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Home Details

Taxes
$691 / month
Total Parking Spots
20
Driveway
Other
Garage Spaces
2
Furnished
No
Lot Size
132 x 171.37 Feet
Move-in Date
Immediate
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Other
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
Residential Type 2 (R2-26)
Sewer
Sewers
Property Type
Multiplex
Style
2-Storey
Status
New
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Listing Description

Want a cash flowing property that meets the 1% rule with room to lift value further? This property currently offers 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. Seller also willing to hold a second VTB mortgage to cover your down payment.
8 fridges, 8 stoves, coin op laundry, Carbon Monoxide Detector, Smoke Detector

Property History

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Listing DateDOMList PriceSold PriceEventMLS ID
Jun 28, 2024N/A$1,100,000N/ASoldX10709752

Rooms

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Purchase Price$1100000
Down Payment$220000
Mortgage Insurance$0
Total Mortgage$880000

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Mortgage Payment$5423
Property Taxes$691
Maintenance Fees$0
Monthly Payment$6114
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About Valois Dr, Mattawa

Located at 510 Valois Dr , this Mattawa house is available for sale. This property was listed for $1,100,000 on Fri Apr 25 2025. This house's size is 5000 + Sqft. It has 15 bedrooms and 8 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 20 parking spots. 510 Valois Dr, Mattawa is situated in the Mattawa neighbourhood.


MLS#: X12103996 · $1,100,000 · 15 bedroom house in Mattawa, Mattawa