173 King Street

1 / 32

$699,900

173 King Street

Sturgeon Falls, West Nipissing · MLS® X13880028

8,859 sq ft · House · Multi-family · 15 days on market

listed by NATALIE PAQUIN, Century 21 Blue Sky Region Realty Inc., Brokerage

realtor's description

Excellent investment opportunity in the heart of Sturgeon Falls! Fully tenanted mixed-use property featuring 2 commercial units and 6 residential apartments on a spacious 66' x 132' lot, conveniently located just off Highway 17. C1 zoning, 12 dedicated parking spaces and multiple income streams make this an attractive addition to any investment portfolio. Current gross rental income is $8,518.97/month ($102,227.64 annually). A turnkey opportunity with strong rental income and excellent potential in the growing community of West Nipissing.

property details

type: House, Multi-family
living area: 8,859 sq ft
parking: 0
property tax: $6,413 / yr
days on market: 15
MLS®: X13880028

monthly cost

$3,584/mo

Mortgage $3,049 · Tax $534

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,049/ monthly

loan $559,920

25-year amortization

down payment20% · $139,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,899
cash to close: $139,980; down payment; transfer tax and fees not included
total paid: $914,819

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.