ERICJIA.CA
For Sale

26 Spring Street

$679,900
West Nipissing, Ontario P2B 3G7 · MLS® X12966500 · Updated 13h ago
26 Spring Street, West Nipissing, ON P2B 3G7
1 / 18 photos
8
Bedrooms
4
Bathrooms
—
Sq Ft
8
Parking

About This Home

Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $77619.36, Net Income before mortgage ( expenses: tax,gas,hydro,vacancy, maintenance, management, water, insurance) is $54,709 leaving a solid 8.05% Cap rate

Property Information

Type
Residential Freehold
Style
Fourplex
Architectural Style
2-Storey
Lot Size
88 × 132 ft
Direction Faces
South
Bedrooms
8
Kitchens
4
Parking
8 total · None
Cross Street
Ramsay St.
Postal Code
P2B 3G7
Occupancy
Tenant
Possession
Flexible
MLS#
X12966500
Listing Office
REALTY EXECUTIVES Local Group Inc. Brokerage

Building Details

Construction
Vinyl Siding
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
None
Basement
None
Fireplace
No
Pool
None

Features & Amenities

Interior
Water Heater OwnedSeparate Hydro Meter
Exterior
Year Round LivingPorch
Property
GolfHospitalRec./Commun.CentreSchoolSchool Bus RoutePublic Transit
Security
Carbon Monoxide DetectorsSmoke Detector

Financials & Fees

Annual Property Tax
$3,440 (2025)

Inclusions & Exclusions

Inclusions

4 Fridges, 4 Stoves, 4 Washers, 4 Dryers

Location

Listing courtesy of:REALTY EXECUTIVES Local Group Inc. Brokerage

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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