510 Valois DR, Mattawa, ON P0H 1V0
510 Valois DR, Mattawa, ON P0H 1V0
510 Valois DR, Mattawa, ON P0H 1V0
25
See all 25 photos
$999,900
Est. payment /mo
Save
15 Beds
8 Baths
Active

510 Valois DR Mattawa, ON P0H 1V0

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Mattawa

MLS Listing ID X12717114

Style 2-Storey

Bedrooms 15

Annual Tax Amount $8,291

Tax Year 2025

Property Sub-Type Multiplex

Lot Depth 171.37

Lot Front 132.0

Property Description

Looking for a strong cash-flowing investment that meets the 1% rule with room to increase value even further? 8% cap rate including vacancy, maintenance and management expenses. 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. 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 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. Management company willing to stay on (I am part ower of that company with my son)

Location

Province ON

County Nipissing

Area Nipissing

Zoning Residential Type 2 (R2-26)

Rooms

Family Room No

Basement Other

Kitchen 8

Interior

Interior Features On Demand Water Heater

Cooling Central Air

Inclusions 8 fridges, 8 stoves, coin op laundry, Carbon Monoxide Detector, Smoke Detector

Exterior

Exterior Feature Fishing, Year Round Living

Parking Features Other

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 132.0

Lot Depth 171.37

Total Parking Spaces 22

Building

Building Age 51-99

Foundation Stone, Concrete Block

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

GET MORE INFORMATION

Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 906-0080

Full Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Referred Urban Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

NEARBY SCHOOL & BUSINESS

BOOK A VISIT

510 Valois DR

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
View More Detail
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
$
$
$
%
Advanced
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable Properties
Payment Breakdown：
$0 Month
Search Other Listings
There are 21 quick searches

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property