201 Nipissing Street, West Nipissing, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Sturgeon Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,050,000 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 198 x 66 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Presenting a fully renovated 8,466 sq. ft. commercial building offering exceptional flexibility and income potential. This slab-on-grade property has undergone over $350,000 in recent upgrades, including complete electrical (200 amp, 3-phase/single-phase), plumbing, and HVAC systems. The building features a contemporary salon, barber, and esthetics setup, complemented by a 500 sq. ft. leased unit occupied by a dental hygienist, providing immediate rental income. Constructed of durable masonry block with steel and wood framing, the property offers multiple entry points, garage and storage areas, and parking for up to 12 vehicles, with space to accommodate large deliveries or trailers. Interior highlights include an open-concept reception and waiting area, plumbed salon stations, multiple washrooms (including a 3-piece suite), and a full kitchen and lunchroom. The accessible attic and partial basement provide additional storage options. Ideal for investors or owner-operators, this turn-key property combines quality construction, extensive upgrades, and a prime West Nipissing location-delivering a ready-made opportunity for a variety of commercial uses.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 201 Nipissing Street, West Nipissing, ON P2B 1K4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in West Nipissing, ON
For a property listed at $1,050,000 in West Nipissing, the legal minimum down payment is $210,000 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 $17,475 for this transaction. As this listing is in West Nipissing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,475.
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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.
