Gurvinder Nokwal REALTOR®
For Sale Multiplex 17 days on market

$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
Map

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

Minimum for this price: $49,900 (6.66%)

Amortization, years

Estimated mortgage payment

$3,316 per month

Principal and interest
$3,316
Property tax
$386
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
Total, before legal fees
$161,255
Talk to me about financing

Estimates 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

10 Green Bay Road, French River, ON P0M 1A0 French River, ON P0M 1A0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$749,000 10 Green Bay Road, French River, ON P0M 1A0
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