$749,000
Est. payment $3,316/moCalculate yours
10 Green Bay Road, French River, ON P0M 1A0
French River, ON P0M 1A0
- 12 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of Narozanski North Realty Inc MLS® X13850896
About this home
For those looking to build long-term wealth and work toward financial freedom, this is an investment opportunity worth exploring.Located in French River on a year-round road, just 6 minutes from amenities, this solid 6-unit residential building offers an established income stream with 0% vacancy and a mature, long-term tenant base.The building consists of two 2-bedroom units on the lower level, two 3-bedroom units on the main level, and two 1-bedroom units on the second level.Each apartment operates independently, with its own hydro meter and hot water tank. The individual hydro meters also service each tenant’s designated parking area, providing convenient access to electricity for winter vehicle plug-ins, vacuuming and more. Units are heated by electric baseboards, with tenants responsible for their own heat and hydro.A seventh hydro meter services the building’s common areas, storage rooms, hardwired smoke detectors, central vacuum system and fire alarm pull box.Additional income is generated through the dedicated laundry room, equipped with two sets of coin-operated laundry machines.The property also includes a storage area currently used for tools and paint, along with a dedicated water room featuring a brand-new, top-of-the-line water treatment system and a sump pump with battery backup. All equipment is owned. The building is self-contained with its own drilled well and septic system and has benefited from numerous upgrades and renovations over the years. Pride of ownership is evident throughout, with Units 1 and 3 most recently receiving complete renovations. Situated on a spacious double lot, the property provides ample parking at the front while the additional rear lot offers further space and possibilities for the future. Whether you are an experienced investor looking to expand your portfolio or exploring your first income-producing property, this offering provides an opportunity to own an established, fully occupied multi-residential asset.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 12
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 208.75 x 328 Feet
- Parking
- None garage · 20 total
- Zoning
- RU
Financial
- Property Taxes
- $4,627 (2025)
Location
- Cross Street
- HWY 64 & Green Bay Road
- Direction Faces
- West
Listing
- MLS® Number
- X13850896
- Days on Market
- 17
- Listed On
- 2026-10-01
- Listed By
- Narozanski North Realty Inc
Features
Interior
- Other
Pool
- None
- Included
- all appliances, 2 sheds.
- Excluded
- tenant items
Mortgage calculator
Estimated mortgage payment
$3,316 per month
- Principal and interest
- $3,316
- Property tax
- $386
- Condo fees
- $0
- Estimated monthly cost
- $3,702
Your mortgage
- Mortgage amount
- $599,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $395,723
Cash to close
- Down payment
- $149,800
- Land transfer tax
- $11,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $161,255
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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