Kapuskasing, P5N 2A8
$275,000
Listed by ROYAL LEPAGE TRIDENT REAL ESTATE (KAP) LTD., BROKERAGE.
Welcome to this meticulously maintained 1601 sq. ft. income property nestled in a serene residential neighborhood, just moments away from the vibrant downtown core, a grocery store as well as schools and outdoor parks. This property boasts a spacious main floor 2-bedroom apartment with a pristine, newly finished basement awaiting its new owners touch! The basement is set-up to be a 3rd income for the property, or simply be used as extra living space for the main floor occupants. Upstairs, discover a stylish 1-bedroom apartment currently utilized as a successful Airbnb income generator. The residence is adorned with modern updates, including a tin roof (approx 10 years), furnace (5 years), hot water tank (5 years), new plumbing and electrical, an upgraded electrical panel (2 years), a new deck (2024) and much more. Additional highlights include a generous 22' x 22' two-car garage, ensuring ample parking and storage space. This versatile property offers the option to live in one unit and rent the others, providing a turnkey solution for investors or homeowners seeking immediate rental income. Experience the perfect blend of comfort, convenience, and investment potential in this well-situated property.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.