49 Days on Market

12021 Highway 17, Sturgeon Falls, Ontario P2B 2S7

$1,100,000
Get pre-approvedPowered by Rocket Mortgage
Detached
3 + 2
3
~1859 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$591/sqft

Days On Market49 days

Est. Mortgage$4,724/mth

Tax Amount (2023)$10,836/yr


Description

Welcome to 12021 Hwy 17, Sturgeon Falls – an investor's dream! This stunningly remodeled 1,856 sq. ft. multi-family home sits on a commercially zoned 1.358-acre property, perfectly positioned to attract tenants and business clients alike. This home provides multiple income streams that can significantly offset your living expenses, a VTB is also available. The residential section features a spacious 3-bedroom main-floor open concept apartment, a comfortable 2-bedroom basement apartment, and a cozy 1-bedroom studio apartment. Each unit is designed with modern finishes and thoughtful layouts, ensuring a comfortable living experience. The commercial aspect of the property includes a 1,945 sq. ft. fully renovated building currently housing a doctor’s office and an additional 525 sq. ft. leased office space, generating steady rental income. There is also a newly constructed 30x40 double-door garage, ideal for additional storage or business use. Situated on a high-traffic highway between Canadian Tire and No Frills, this property guarantees maximum visibility and accessibility. The dual entrances enhance the potential for various business ventures, making it a prime location for commercial activities. From 2016 to 2019, the entire property, including all buildings, has undergone significant upgrades. Modern electrical, plumbing, and HVAC systems, along with updated interiors and exteriors, mean less worry and more profit. This property offers multiple income streams through residential units and commercial leases, providing diversified income. Don’t miss out on this lucrative investment opportunity. Schedule a viewing today to explore this exceptional property and envision the endless possibilities it holds. Fully renovated and turnkey, it’s time to live comfortably and profitably at 12021 Hwy 17, Sturgeon Falls.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1859 SqFt
Lot Size60,000 Ac(300 x 200)
Parking Spaces30
MLS ®Number40578889
Community NameWest Nipissing
Data SourceITSO

Features

Heating: Gas Hot Water, Radiant Floor, Radiant
Cooling: Central Air
Basement: Full, Finished, Sump Pump

Main Floor

Kitchen/Dining Room

Living Room

4.32 x 3.43

Bedroom

3.20 x 3.43

Laundry


Features

Lot size: 60,000 Ac
Septic Tank

Parking

Garage spaces 4

Garage type -

Other parking spaces 26

Total parking spaces 30


Property History

Now
Listed for$1,100,000
49 days on market
history photo preview50
Now
Listed for$1,100,000
49 days on market
history photo preview43
Now
Listed for$1,100,000
49 days on market
history photo preview21
Sign Up

Have an account?Log In

Property listed by REALTY EXECUTIVES Local Group Inc. Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Schools and amenities

Estimated Budget