$249,000
Est. payment $1,103/moCalculate yours
27 Stewart Avenue, Kapuskasing, ON P5N 1S3
Kapuskasing, Kapuskasing, ON P5N 1S3
- 4 + 2 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of RE/MAX CROWN REALTY (1989) INC MLS® T14033842
About this home
Excellent investment opportunity in Kapuskasing, conveniently located in proximity to schools, the college, restaurants, and downtown amenities. Offering a total of 2,350 sq. ft., this multi-unit property features three separate units, with two units in the main front building and a third unit in a separate back building. The main building is 1,456 sq. ft. and has 2 units. Unit 1 on main floor and basement has 3 bedrooms and 1.5 bathrooms. Unit 2 on second floor has 2 bedrooms and 1 bathroom. The separate building is 894 sq. ft. and has Unit 3 with 1 bedroom and 1 bathroom. Each unit has its own private entrance, in-unit laundry hookups, separate hydro meters, and dedicated parking with an electrical plug-in for vehicles. Each unit is equipped with its own gas furnace. The property has one shared gas meter serving all three units and two owned hot water tanks. Recent exterior updates include both buildings’ roofing completed in 2022, and front building’s eavestroughs replaced in 2022. Unit 2 has also been modernized since the current owner. Outside, the property offers an asphalt and gravel driveway, parking for each unit, and a 14′ x 10′ shed at the rear for additional storage. With three separate units, individual entrances, and separate hydro meters, this property presents an excellent opportunity for investors looking to expand their portfolio in a convenient Kapuskasing location.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 115 Feet
- Parking
- None garage · 4 total
- Zoning
- R3
Financial
- Property Taxes
- $2,452 (2026)
Location
- Neighbourhood
- Kapuskasing
- Cross Street
- Stuart Ave and Queen St
- Direction Faces
- West
Listing
- MLS® Number
- T14033842
- Days on Market
- 4
- Listed On
- 2026-10-14
- Possession
- After January 1, 2027
- Listed By
- RE/MAX CROWN REALTY (1989) INC
Features
Interior
- Separate Hydro Meter
- Separate Heating Controls
- Water Heater Owned
Pool
- None
- Included
- Kitchen refrigerator and stove in Unit 2 upstairs. Items in attic of back unit (AS IS)
- Excluded
- All tenant belongings.
Mortgage calculator
Estimated mortgage payment
$1,103 per month
- Principal and interest
- $1,103
- Property tax
- $204
- Condo fees
- $0
- Estimated monthly cost
- $1,307
Your mortgage
- Mortgage amount
- $199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $131,555
Cash to close
- Down payment
- $49,800
- Land transfer tax
- $2,215
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $52,015
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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