$999,900
Available - For Sale
Listing ID: X12198376
150 Main Stre , Kearney, P0A 1M0, Parry Sound
| Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 9-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane and hydro. Owner pays propane tank rental. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the Directors). The resulting net income of $68,780. Detached garage 24.3 x 41.9. Total lot area is 1.9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents. |
| Price | $999,900 |
| Taxes: | $7365.96 |
| Occupancy: | Tenant |
| Address: | 150 Main Stre , Kearney, P0A 1M0, Parry Sound |
| Directions/Cross Streets: | Main |
| Rooms: | 54 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 5.08 | 4.99 | |
| Room 2 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 3 | Main | Kitchen | 7.87 | 7.97 | |
| Room 4 | Main | Dining Ro | 7.77 | 7.68 | |
| Room 5 | Main | Living Ro | 10.07 | 12.27 | |
| Room 6 | Main | Bedroom | 10.79 | 9.97 | |
| Room 7 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 8 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 9 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 10 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 11 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 12 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 13 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Room 14 | Main | Bathroom | 5.08 | 8.86 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | Bungalow |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 9 |
| Pool: | None |
| Other Structures: | Drive Shed |
| Approximatly Square Footage: | 5000 + |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
| Utilities-Hydro: | Y |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Parry Sound Muskoka Realty Ltd |
|
|
Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Parry Sound |
| Municipality: | Kearney |
| Neighbourhood: | Kearney |
| Style: | Bungalow |
| Tax: | $7,365.96 |
| Beds: | 9 |
| Baths: | 9 |
| Fireplace: | N |
| Pool: | None |
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