283 MERIDIAN Avenue Image 1

$290,000

Jan 20Multiplex For Sale
bedrooms4bed
washrooms8bath
MLS - #T11931798

283 MERIDIAN Avenue, Temiskaming Shores, ON P0J 1K0

0
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Average Price
29000000.0%
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Price Comparison

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Property Description

Property type

Multiplex

Lot size

.50-1.99 acres

Style

Bungalow

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
N/AN/AN/AN/A

About 283 MERIDIAN Avenue

Fully Rented Duplex Exceptional Investment Opportunity!This beautifully renovated duplex is a prime investment, currently generating $1,867.00 in total monthly rent, with a scheduled rent increase to $1,913.68 in July 2025. Both units are in excellent condition, offering modern amenities and tenant-friendly features. Each apartment features 2 spacious bedrooms, a full bathroom, and washer/dryer hookups. Tenants benefit from natural gas heating, on-demand hot water, and radiant electric heat panels in the living rooms. Separate hydro and gas meters ensure individual utility management.A large, shared backyard provides ample outdoor space for relaxation or recreation. Plenty of parking for both units.Fire-inspected and retrofitted in 2015 with new siding, 2-inch foam insulation, windows, facia, and soffits for improved energy efficiency and durability.Rental Income:Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage! Dont miss out on this turnkey duplex that combines modern living with excellent income potential.Property Code: 332

Home Overview

Last updated

Mar 13

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE

Additional Details

Basement:Crawl Space
Cooling:None
Heating:Other
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1107.60/ month
$232,000 Principal and Interest
$278,400 Property Taxes

Location

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Walk Score for 283 MERIDIAN Avenue

Some information about this property - MERIDIAN Avenue

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