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57 Leonard Avenue Image 1

$279,900

Apr 22Triplex For Sale
bedrooms8bed
washrooms4bath
MLS - #T12096180

57 Leonard Avenue, Kapuskasing, ON P0L 1V0

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Similar Homes Found
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Average Price
27990000.0%
Higher than average

Price Comparison

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Property Description

Property type

Triplex

Lot size

< .50 acres

Style

Backsplit 3

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen9 x 13.9 mN/AMain
Living Room19.6 x 11.2 mN/AMain
Bedroom13 x 12 mN/ASecond
Bedroom 26.1 x 13.9 mN/ASecond

About 57 Leonard Avenue

Fantastic opportunity to own a fully renovated and fully tenanted triplex in the quiet village of Moonbeam. This turn-key income property features three self-contained units, each with their own laundry hook-ups and separate hydro meters. Unit 1 offers three spacious bedrooms and was completely renovated in 2018, with flooring updated in 2021. Unit 2 includes two bedrooms and was upgraded several years ago, with new living room flooring installed in the summer of 2024. Unit 3 features three bedrooms and was fully renovated between 2019 and 2020, including a new kitchen, new floors, and fresh paint throughout. The building has seen numerous major upgrades, including new siding and windows in 2018, a metal roof and weeping tiles redone approximately 15 years ago, a new hot water boiler installed in January 2022, a hot water on demand system added in 2022, a new hot water tank in January 2024, and a water softener also installed in January 2024. The property has been fire and electrical retrofitted and is fully rented, offering strong cash flow and low maintenance. Perfect for investors or those looking to live in one unit and rent the others, with the added flexibility of use as an in-law or granny suite. A true turn-key investment in a peaceful, family-friendly community.

Home Overview

Last updated

Apr 22

Virtual tour

None

Basement information

Apartment, Partially Finished

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE TRIDENT REAL ESTATE (KAP) LTD.

Additional Details

Basement:Apartment, Partially Finished
Cooling:None
Heating:Baseboard
Parking Features:Private Triple

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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