23 Highway 105, Red Lake, ON
Property Highlights
Welcome to this remarkable commercial located in the coveted neighborhood of Red Lake. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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 301 x 254 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 other heating via gas
Description
Multi-Unit Investment Opportunity A diverse portfolio of five income-generating properties on one property. Each offering strong rental potential and located in a convenient area. #1 – Commercial & Residential Combination This unique building features a commercial office space on the main level with seven private offices, a reception area, and conference room. The lower level includes a separate 2-bedroom, 1-bath apartment, perfect for rental income or live/work flexibility. #2 – Detached Residential Home A 3-bedroom, 1-bath home with a crawl space. #3 & #4 – Triplex This triplex offers three spacious rental units: 3-bedroom, 1-bath 4-bedroom, 1-bath 3-bedroom, 2-bath upper unit with a kitchenette (currently not rented) The basement includes shared laundry, utilities, and storage. #5 – Duplex with Extras Main floor features a 2-bedroom, 1-bath unit with laundry in the basement. The upper level includes a 2-bedroom, 1-bath unit (no kitchen). Property also includes a garage adding utility.
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Data-driven valuation for 23 Highway 105, Red Lake, ON P0V 2M0
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Properties in this area are selling at a steady pace.
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