510 VALOIS DRIVE Mattawa

510 VALOIS DRIVE, Mattawa, Ontario

$1,100,000

  • 6,142 Square Feet

Want a cash flowing property that meets the 1% rule with room to lift value further? This property currently offers 8 units and is zoned for 10 residential apartments. There is current space enough to build 2 more 1 bedroom apartments inside the existing unused space. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. Weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel in the unit. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. Seller also willing to hold a second VTB mortgage to cover your down payment. (id:56241)

  • Listing ID: X12103993
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Highway, Ski hill
  • Features: Irregular lot size
  • Parking Spaces: 20
  • Transaction: For sale
  • Zoning Description: Residential Type 2 (R2-26)

Building

  • Appliances: Stove, Refrigerator
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 6142 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Ski hill
  • Size Frontage: 132 ft
  • Size Irregular: 132 x 171.37 FT
MLS®

Listing provided by REALTY EXECUTIVES Local Group Inc. Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 510 VALOIS DRIVE in Mattawa Ontario. It was last modified on April 25th, 2025. Contact us to schedule a viewing or to discover other Mattawa real estate for sale.

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