$495,000

222 Whitewood Avenue, Temiskaming Shores, ON P0J 1P0

Temiskaming ShoresNew LiskeardTriplex

5 beds3 baths3 parking 2000-2500 ft²

Key facts

MLS®
T13533958
Status
Price Change
Type
Triplex
Taxes
$5,880
Size
2000-2500 ft²
Parking
3 total
Listed
2026-07-07
Brokerage
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Cross street
Whitewood and Edith St

Description

Legal and conforming triplex offering an excellent investment opportunity in a desirable New Liskeard location. Current rental income is $2,950/month from two occupied units, with the vacant lower-level apartment providing immediate rental potential estimated at approximately $1,100/month, for a total potential gross income of approximately $4,050/month ($48,600 annually). Main floor 2-bedroom apartment rents for $1,450/month all inclusive. Upper 3-bedroom apartment rents for $1,500/month all inclusive. Owner pays all utilities. 2025 expenses: Taxes $5,880, Insurance $2,200, Hydro $1,800, Gas $1,960, Reliance $350, Snow Removal $800. Recent improvements include new flooring in Apartments #2 and #3 (approximately $14,000) and washer/dryer hookups in Apartments #1 and #3. Existing tenants are on one-year leases. Basement apartment is vacant, offering immediate occupancy for an owner or the opportunity to establish current market rent. Please allow sufficient notice for tenant-occupied units.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.