Valois Dr
Mattawa, Mattawa
$1,050,000
Buy with Dwelly and Save $10,500
Home Details
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Listing Description
Looking for a strong cash-flowing investment that meets the 1% rule with room to increase value even further? This property offers 8 fully tenanted units and is zoned for up to 10 residential apartments. With existing unused space, there's potential to add two additional 1-bedroom units-a built-in value-add opportunity. Unit 4 is currently under-rented, providing additional upside. Most units have already seen upgrades and are occupied by great tenants. Recent capital improvements include new weeping tile (2023) on the north and east sides, resolving previous water penetration concerns. The original structure features a solid rock foundation, while the addition (c. 1987) provides further stability and functionality. Additional highlights include a double garage with an attached outbuilding for extra storage, two furnaces, two A/C units, and two hot water on-demand rental systems. Each unit has its own hydro panel and current rents are all-inclusive. Roof shingles are in excellent condition (age unknown).The location is unbeatable being located right beside the new OPP station, and within walking distance to downtown amenities including the Beer Store, LCBO, restaurants, and the Mattawa River just a couple of blocks away.
8 fridges, 8 stoves, coin op laundry, Carbon Monoxide Detector, Smoke Detector
City: Mattawa
Neighborhood: Mattawa
Property History
Rooms
Room dimensions for Valois Dr, Mattawa
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1050000 |
| Down Payment | $210000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $840000 |
Monthly Payment
| Mortgage Payment | $5176 |
| Property Taxes | $691 |
| Maintenance Fees | $0 |
| Monthly Payment | $5867 |
About Valois Dr, Mattawa
Located at 510 Valois Dr , this Mattawa house is available for sale. This property was listed for $1,050,000 on Thu Sep 11 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 22 parking spots. 510 Valois Dr, Mattawa is situated in the Mattawa neighbourhood.
MLS#: X12398086 · $1,050,000 · 15 bedroom house in Mattawa, Mattawa