CAONMattawa510 Valois Dr
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510 Valois Dr, Mattawa, ON

Real Estate

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15820

MLS® X12398086

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Yes
Taxes $8,291
Lot Size 
Approx. Age 
MLS® Number X12398086

Property Address: 510 Valois Dr, Mattawa, ON, P0H1V0

Average square foot calculated using Size range provided by listing agent.

Description

Looking for a strong cash-flowing investment that meets the 1% rule with room to increase value even further? This property offers 8 fully tenanted units and is zoned for up to 10 residential apartments. With existing unused space, there's potential to add two additional 1-bedroom units-a built-in value-add opportunity. Unit 4 is currently under-rented, providing additional upside. Most units have already seen upgrades and are occupied by great tenants. Recent capital improvements include new weeping tile (2023) on the north and east sides, resolving previous water penetration concerns. The original structure features a solid rock foundation, while the addition (c. 1987) provides further stability and functionality. Additional highlights include a double garage with an attached outbuilding for extra storage, two furnaces, two A/C units, and two hot water on-demand rental systems. Each unit has its own hydro panel and current rents are all-inclusive. Roof shingles are in excellent condition (age unknown).The location is unbeatable being located right beside the new OPP station, and within walking distance to downtown amenities including the Beer Store, LCBO, restaurants, and the Mattawa River just a couple of blocks away.Show Description
MLS® NumberX12398086
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementOther
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
510 Valois Dr, Mattawa, ON

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