283 MERIDIAN Avenue, Temiskaming Shores, ON
Property no longer active
This property was sold on November 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Haileybury. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $276,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning < 700 sqft on a premium 58.83 x 187.24 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient other heating via gas
Description
This fully rented duplex is an exceptional investment opportunity! Both apartments have been beautifully renovated and are in excellent condition, each offering 2 spacious bedrooms and a full bathroom. Tenants enjoy the comfort and efficiency of natural gas heating and hot water on demand, while separate hydro and gas meters ensure individual utility management. Each unit also features a radiant electric heat panel in the living room and washer/dryer hookups for added convenience. The large shared backyard offers plenty of outdoor space for tenants to enjoy. With ample parking for both units, this property is tenant-friendly and highly functional. Fire-inspected and retrofitted in 2015, the duplex has been upgraded with new siding and 2-inch foam insulation, as well as new windows, facia, and soffits. This is an ideal income property or an excellent opportunity to live in one unit and have the rent from the other cover your mortgage! Property code 332. Utilities being paid by tenants. Rental Income: Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage!
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Property Summary
This multiplex located at 283 MERIDIAN Avenue, Temiskaming Shores is currently for sale and has been available on SousaSells for 395 days. This property is listed at $276,000 with an estimated mortgage of $919* per month. It has 4 beds, 2 bathrooms, and is < 700 square feet. 283 MERIDIAN Avenue, Temiskaming Shores is in the Haileybury neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 283 MERIDIAN Avenue, Temiskaming Shores, ON P0J 1K0
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 Temiskaming Shores, ON
For a property listed at $276,000 in Temiskaming Shores, the legal minimum down payment is $13,800 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 $2,615 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 $2,615.
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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.