173 King Street
West Nipissing (Sturgeon Falls), ON P2B 1R6
- —Bedrooms
- —Bathrooms
- 12Garage
- 5000 +Sq Ft
- $6,413Tax
- —Lot Size
Estimated Value:$1,437,171See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 173 King Street, West Nipissing, Sturgeon Falls
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About 173 King Street, West Nipissing, Sturgeon Falls
Outstanding investment opportunity in the heart of Sturgeon Falls! This fully tenanted mixed-use property at 173 King St. features 2 commercial units and 6 residential apartments, generating a total of $98,302.08 in annual income with a solid 8.66% ROI.Commercial Units: Unit A Office cleaning company. Lease extended through July 1, 2025. Tenant pays hydro. Rent: $898/mo (with HST), increasing to $920.45/mo after renewal. Unit B Accountants office. All-inclusive 5-year lease from May 2022 to May 2027 with 5% annual increases. Current rent: $957.74/mo (with HST).Residential Units: 1-Bedroom (tenant pays hydro & heat): $741.74 4-Bedroom (all-inclusive): $1,938.00 Bachelor: $785.15 3-Bedroom (tenant pays hydro & heat): $948.71 Basement Apartment: $1,000.00 Bachelor: $922.50Property is fully leased with a mix of all-inclusive and tenant-paid utility arrangements. Excellent tenancy, stable cash flow, and prime location make this an ideal addition to any portfolio.Extras: Some residential units include laundry.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,413
- Land Transfer Tax Fee
- $11,655
- Basement Type
- Apartment
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Lake/Pond, Park
Building
- Building Type
- Other
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- Other
- Garage Spaces
- 12
- Parking Spaces
- 12
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Municipality
- West Nipissing
- Neighbourhood
- Sturgeon Falls
- Main cross streets
- King St. and Queen St.
- Directions
- King St. and Queen St.
- MLS® number
- X12011514
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-30
- Listed on
- 2025-03-07
- Days on market
- 207 days
- Possession type
- Immediate
- Co-op commission
- 2.5%+HST
- Seller
- Listed by
- KELLER WILLIAMS REFERRED URBAN REALTY
Home Market Value
Current home valuation for 173 King Street, West Nipissing, Sturgeon Falls, West Nipissing, ON. Listed for $759,000
HOMEH Estimate
$1,437,171
Estimated Sales Range
$919,789 - $1,954,553
HOMEH Estimate for 173 King Street, West Nipissing, Sturgeon Falls
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $259,000 over $500K
$50,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $28,296 | $21,176 | $18,064 | $0 |
=Total mortgage | $735,684 | $704,276 | $663,214 | $607,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,592monthly | $3,439monthly | $3,238monthly | $2,965monthly |
Land Transfer Tax
$11,655
$11,655
Around this home
No schools found nearby
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