$499,990

House For Sale In Temiskaming Shores, Ontario

$499,990
  • 5

    Bedrooms

  • 4

    Baths

  • 70.4 x 92.3 FT

    Lot Size

Property Information:

Welcome to 22 Beach Blvd! Exceptional investment opportunity. Newly renovated triplex located steps from the lake, offering strong income potential and long-term upside. Currently positioned for short-term rentals with consistent demand from mining and corporate tenants, achieving market rents of approximately $5,000-$6,000 per month. This property supports an estimated 9% cap rate, making it an attractive option for investors seeking both cash flow and appreciation. Each unit has been updated, allowing for low-maintenance ownership and immediate income generation. Rare opportunity to secure a steps from the lake multi-residential asset with future expansion potential - an additional triplex next door is expected to be available for purchase in 2026, offering a unique chance to scale holdings side-by-side. Ideal for investors looking to diversify with a turn-key, income-producing property in a desirable location. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Fireplace: Yes
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Features: Carpet Free, Guest Suite
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 92.2 Feet
  • Lot Frontage: 70.3 Feet
  • Lot Size: 70.4 x 92.3 FT
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom Lower Level 3.35 m x 3.35 m
  • Bedroom Lower Level 2.74 m x 3.35 m
  • Bedroom Main Level 3.66 m x 3.66 m
  • 2nd Bedroom Main Level 3.35 m x 2.74 m
  • 3rd Bedroom Main Level 3.66 m x 3.74 m

Courtesy of: EXP REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.