For Sale: 222 Whitewood Avenue, Temiskaming Shores, ON - REW
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$549,900
5 bd • 3 ba • 2000 - 2499 sf • Multifamily
222 Whitewood Avenue
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$549,900
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222 Whitewood AvenueTemiskaming Shores, ON, P0J 1P0

  • 5 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Louise Ames, Broker, CENTURY 21 TEMISKAMING PLUS BROKERAGE

Home facts and features

Price details
List Price
$549,900
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Gross Taxes for 2025
$5,880
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
132 feet
Frontage
33.0 feet
Exterior Finish
Asbestos, Wood
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement,
Agent details
Primary Agent
Primary Broker
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Listing details
Days on REW
7 Days
MLS® Number
T13533958
Source
Canadian Real Estate Association
Board
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Property Insights

Timiskaming School
  • Public
  • 7 - 12
É C Sacré-Coeur (New Liskeard)
  • Catholic
  • JK - 3
New Liskeard Public School
  • Public
  • JK - 6
Navigateur School
  • Public
  • JK - 8
English Catholic Central School
  • Catholic
  • JK - 8
ÉS C Sainte-Marie
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Louise Ames
Phone:
(705) 648-3336
Office:
705-647-8148
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