$465,000

$480,000For salePrice drop↓ $15,000 (3%)

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80 Brunelle Road North, Kapuskasing - Multi-family for Sale

80 Brunelle Road North, Kapuskasing, Ontario, P5N2L8

6 beds3 baths parking

27 Stewart Avenue, Kapuskasing, Ontario, P5N1S3

6 bd4 ba4 pk2,250 ft²Lot size 50 × 115 ft (5,750 sq ft)

Listed by RE/MAX CROWN REALTY (1989) INC

#Fauquier 27 Grzela Road, Kapuskasing (Fauquier), Ontario, P0L1G0

For sale

28 days ago

$175K

#Fauquier 27 Grzela Road, Kapuskasing (Fauquier), Ontario, P0L1G0

2,520 ft²Lot size 30,056 sq ft (0.69 ac)

Listed by RE/MAX CROWN REALTY (1989) INC

Investment analysis

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$465,000

Kapuskasing

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Description

GREAT INVESTMENT. RESIDENTIAL AND COMMERCIAL MIX USE PROPERTY. A 3 UNITS RESIDENTIAL PROPERTY, A COMMERCIAL GARAGE BIG ENOUGH FOR A TRUCKER (30X54) AND 2 SEPARATE STORAGE UNITS. MAIN FLOOR UNIT IS A 3 BEDROOM 1500 SQF APARTMENT. THERE IS A ONE BEDROOM AND A 2 BEDROOM APARTMENT IN THE BASEMENT. THIS PROPERTY AS A POTENTIAL TO GENERATE A LOT OF INCOME. ALL THIS ON A HUGE LOT OF 1.5 ACRES.ENOUGH PARKING FOR AT LEAST 10 VEHICULES. DONT MISS OUT ON THIS GREAT OPPORTUNITY. (id:66096)

Property Details

MLS®: T13470560
Property Type: Multi-family
Zoning: r3
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 3
Parking: 10
Interior Size: 1,750 ft²
Lot Size: 69 × 417 ft (28,898 sq ft)
Frontage: 69 ft
Storeys: 1
Style: Raised bungalow
Basement: Apartment in basement, N/A
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $8,305.88/yr
Listed: 138 days ago

Market Timing

Days on market

138d

Kapuskasing listings, avg age

123d

Price / ft²

$266

List price

$465K

Homes here sell slower than most markets

Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P5N)

This home lists at $465,000, about 6.7× the local median household income of $69,000.

Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $69,000
Population: 8,260
Median age: 48.4
Owner / renter: 67% / 33%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P5N)

$465,000· $266/ft²

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Full Cost Breakdown

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Down Payment5% · $23,250

Min 5%50%

Mortgage payment$2,449/mo

↳ CMHC premium ($17,670 capitalized)

Property tax (est.)$692/mo

Total monthly$3,141

Cash Needed to Close

Down payment (5%)$23,250

Land transfer tax$5,775

Est. closing costs$3,895

Total cash needed$32,920

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

80 Brunelle Road North, Kapuskasing - Multi-family for Sale

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