$594,900

186 BARBER Street, Espanola, Ontario, P5E 1S4

MLS® # 2126827

Espanola ON, P5E 1S4

MLS® # 2126827

Property Information:

Excellent opportunity to own a 13-unit multi-residential property in a convenient Espanola location. This building features a desirable unit mix including 5 bachelor units, 7 one-bedroom units, and 1 two-bedroom unit, offering strong rental appeal for a variety of tenants. Situated on an oversized lot, the property provides ample space and future potential for improvements or added value. With its great location close to local amenities, shopping, and services, this property is well positioned for investors looking to expand their portfolio. With significant upside potential, this multi-unit building is ideal for investors seeking a value-add opportunity in a growing Northern Ontario community. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Exterior Finish: Vinyl siding
Fire Protection: Fire alarm system
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Baseboard heaters

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Golf Course, Hospital, Schools
Zoning: R3
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: REVEL REALTY INC., BROKERAGE

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⚠ Potential Investment Performance

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Market Price Trends

Location of 186 BARBER Street, Espanola, Ontario, P5E 1S4

Lifestyle
Neighbourhood

Demographic Information of 186 BARBER Street, Espanola, Ontario, P5E 1S4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$110,349.51

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.23 %

High school certificate or equivalent

34.01 %

Apprenticeship trade certificate/diploma

4.5 %

College/non-university certificate

31.94 %

University certificate (below bachelor)

0.04 %

University Degree

15.28 %

Commuter

Travel To Work

By Car

86.47 %

By Public Transit

0.0 %

By Walking

8.39 %

By Bicycle

0.11 %

By Other Methods

5.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.84 %

Houses

86.16 %

Own Vs. Rent