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Royal LePage
Royal LePage
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$3,900,000

Blind River ON, P0R 1B0

MLS® # SM252788

Property Information:

This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: None
  • Exterior Finish: Brick, Vinyl
  • Floor Space: 28200 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Features: Wheelchair access
  • Floor Space (approx): 28200 Square Feet
  • Lot Frontage: 181
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced, Gravel, Parking Spaces
  • No. of Parking Spaces: 36

Courtesy of: Remax Sault Ste. Marie Realty Inc.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 45 Murray ST, Blind River, Ontario, P0R 1B0

Demographic Information of 45 Murray ST, Blind River, Ontario, P0R 1B0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$90,080.46

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.33 %

High school certificate or equivalent

32.17 %

Apprenticeship trade certificate/diploma

7.86 %

College/non-university certificate

18.79 %

University certificate (below bachelor)

0.31 %

University Degree

13.55 %

Commuter

Travel To Work

By Car

80.51 %

By Public Transit

0.0 %

By Walking

13.56 %

By Bicycle

0.0 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.24 %

Houses

80.76 %

Own Vs. Rent

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