Real Estate for Sale

Looking for a strong cash-flowing investment that meets the 1% rule with room to increase value even further? This building has a strong occupancy history plus a 8.69% cap rate including vacancy, maintenance and management expenses. Gross income 137,885.88, net income 86,849. This property offers 8 fully tenanted units and is zoned for up to 10 residential apartments. With interior existing unused space, there's potential to add 2 additional 1-bedroom units-a built-in value-add opportunity or a 3 bedroom unit. 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 a purpose built 6 unit addition. Other 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 replaced Aug 2026 with new skylights and venting also. 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. Management company willing to stay on.

Move-in ready and beautifully renovated, this exceptional 5-bedroom, 3-bath home sits on over 5 acres in the heart of Mattawa on city services, offering the perfect combination of modern comfort, space, and privacy. Extensively updated inside and out in 2022, the home features a new roof, windows, electrical system, drywall, flooring, paint, and stylish high-end lighting throughout.The bright, open-concept layout is designed for both everyday living and entertaining, with a beautifully updated kitchen, modern bathrooms, and quality finishes throughout. The flexible floor plan includes five bedrooms, with the fifth bedroom easily convertible back into a spacious family room to suit your lifestyle.A standout feature of the home is the spectacular bonus family room, surrounded by windows on three sides and complete with French doors leading to the backyard. Filled with natural light, this versatile space is ideal as a sunroom, home office, family room, or additional entertaining area.Outside, the impressive 40' x 60' detached garage provides exceptional space for vehicles, boats, recreational equipment, or workshop needs. The expansive property offers plenty of room for additional parking, gardens, and outdoor enjoyment, all while providing the peace and privacy of country living.This turnkey property combines modern updates, versatile living spaces, and an incredible setting, making it an outstanding opportunity to enjoy everything the Mattawa area has to offer.

Visit REALTOR website for additional information. Welcome to this charming and affordable 3-bedroom, 1 bathroom home, offering comfort, functionality and a fantastic location close to parks, walking trails and beautiful waterways. Perfect for first time home buyers, downsizers or anyone looking for a manageable property with excellent outdoor recreation nearby, this home provides a warm and inviting space with plenty of potential to make it your own. The standout feature is the large detached 24x36 garage, offering ample room for vehicles and hobbies, a workshop or recreational equipment. Outside enjoy a walkout deck and manageable fenced yard. Great for entertaining, relaxing or BBQing.