110 Clark Street, Atikokan, ON

$299,000
MLS#:X13268524
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial located in the coveted neighborhood of Atikokan. Expertly crafted featuring premium vinyl siding and unknown construction, this residence presents an exceptional opportunity offered at $299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 320 x 132 ft lot size
  • Features a yes basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient heating via gas

Description

Endless opportunity for the developer and business minded! Located within the heart of Atikokan's business community. This brick building is greater than 14,000 square feet on two levels. With the original "School" layout in tact, you'll find large rooms and common areas, complete with two large entrances and a third which services as a loading station. Full municipal services available. Inclusive of #400-406 MacKenzie Avenue, being an additional 132' x 132', with its own legal description, separated by a lane between the two properties. Selling "as is/where is". Buyer is responsible for their own inquiries.

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Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date3/1/2023
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial
ConstructionVinyl Siding, Unknown, Brick
BasementYes
Lot Size320 × 132 Feet
CountyRainy River
Annual Tax$4,038.36
Legal DescriptionPIN 560050449 being 110 Clark St., PCL B-1, SEC SM104; Pcl. 10791, AND PIN 560050798 being 400-406 MacKenzie Ave., PCL 21-1, Plan M76, Lots 22 - 24 and part of Lot 21. **Taxes are inclusive of both.

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourceGas
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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110 Clark Street, Atikokan, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 110 Clark Street, Atikokan, ON P0T 1C0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Atikokan.

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Interest Rate5.25%
Down Payment$14,950 (5.0%)
* Minimum Canadian down payment required for this price is $14,950.
Amortization Period25 Years
Estimated Monthly Payment$1,693Based on a loan of $284,050 over 25 years.
Purchase Price$299,000
Loan Amount$284,050
Provincial Land Transfer Tax:$2,960
Total Estimated Closing Taxes:$2,960

About Purchasing a Home in Atikokan, ON

For a property listed at $299,000 in Atikokan, the legal minimum down payment is $14,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,960 for this transaction. As this listing is in Atikokan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,960.

Nearby Listings

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No current listings found in Atikokan.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Atikokan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$167,944

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Northern Lakes
Public324 Mercury Avenue E, Atikokan, Ontario, P0T 1C0
5.1

Secondary Schools

Atikokan
PublicSteep Rock Road, Atikokan, Ontario
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.