32 Riverside Drive, Kapuskasing, ON
Property no longer active
This property was sold on June 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Kapuskasing. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $445,000 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.
- 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 48.96 x 98.63 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via gas
Description
This charming 4-plex property located in the heart of downtown Kapuskasing is meticulously maintained, fully renovated and offers a great investment opportunity. The location of this property provides convenient access to local amenities, shops, and services, making it a practical choice for those who value accessibility and community. Unit 1 is a thoughtfully and completely renovated 2 story unit with main-floor living space including the kitchen, dining room and living room. This stunning unit includes the building's full basement level where 3 bedrooms, a bathroom and a seperate basement entrance are situated. Unit 2 has also been completely renovated and offers an open concept living space, one bedroom, bathroom and plenty of storage. Both upper level units (unit 3 and 4) boasts two spacious bedrooms, a kitchen, living room, a 4-pc bathroom and a convenient laundry hook-up. This building offers spacious layouts, high-quality finishes, and bright, airy interiors. This property also includes a large 4 car garage, one for each unit, providing ample parking space and valuable storage. Whether you're looking for a solid investment or a place to call home, this property delivers on all fronts. With its superb condition and strategic location, this 4-plex is a rare find. Schedule a viewing today and see firsthand the potential this property holds!
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Property Summary
This multiplex located at 32 Riverside Drive, Kapuskasing is currently for sale and has been available on SousaSells for 500 days. This property is listed at $445,000 with an estimated mortgage of $1,481* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 32 Riverside Drive, Kapuskasing is in the Kapuskasing neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Separate Hydro Meter
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 32 Riverside Drive, Kapuskasing, ON P5N 1A3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kapuskasing, ON
For a property listed at $445,000 in Kapuskasing, the legal minimum down payment is $22,250 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 $5,375 for this transaction. As this listing is in Kapuskasing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,375.
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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.