121 Elm Avenue, Temiskaming Shores, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of New Liskeard. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $495,000 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 101.25 x 136.65 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via electric
Description
Solid purpose-built fourplex ideally located within walking distance to the downtown core and bus route. This well-maintained property features four reliable, long-term tenants in good standing who are happy to stay. Each unit offers a consistent layout with a spacious living room, two good-sized bedrooms, eat-in kitchen, 4pc bath, in-unit laundry, and both front and rear entrances. All units are heated with electric baseboards, with total hydro costs averaging approximately $150/month per unit. Currently serviced by a single hydro meter, with potential to add separate metering. A great opportunity to enter or expand your real estate investment portfolio!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Elm Avenue, Temiskaming Shores, ON P0J 1P0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Temiskaming Shores, ON
For a property listed at $495,000 in Temiskaming Shores, the legal minimum down payment is $24,750 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 $6,375 for this transaction. As this listing is in Temiskaming Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,375.
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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.