52 Riverside Drive, Kapuskasing, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Kapuskasing. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 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 3 Bathrooms
- Premium 50 x 75.3 ft lot size
- equipped with yes central cooling and highly efficient baseboard heating
Description
GREAT OPPORTUNITY, GREAT INVESTMENT, GREAT LOCATION!! COMMERCIAL BUILDING LOCATED AT A BUSY INTERSECTION IN THE DOWNTOWN CORE OF KAPUSKASING. WITH THE MAIN LEVEL FULLY LEASED, THE LOWER LEVEL GIVES YOU A GREAT ADDITIONAL INCOME POTENTIAL FOR OFFICES, LOCAL SHOPS AND SMALL BUSINESSES.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 52 Riverside Drive, Kapuskasing, ON P5N 1A8
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 $399,000 in Kapuskasing, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.