Listed for:Listed 1 day ago
$657,900

26 Spring Street

West Nipissing (Sturgeon Falls), ON P2B 3G7

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 26 Spring Street, West Nipissing, Sturgeon Falls

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 26 Spring Street, West Nipissing, Sturgeon Falls

Summarized Description

  • Well-maintained legal 4-plex with updates.
  • Four spacious 2-bedroom units available.
  • Each unit has in-suite laundry.
  • Dedicated parking spaces for tenants.
  • Reliable tenants ensure steady income.
  • Gross income of $78,623 annually.
  • Net income before mortgage is $54,708.
  • Solid 8.05% Cap rate for investors.

Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $78,623, Net Income before mortgage ( expenses: tax, gas, hydro, vacancy, maintenance, management, water, insurance) is $54,708 leaving a solid 8.05% Cap rate. Unit 1 is currently vacant and on the market to rent.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,440
Land Transfer Tax Fee
$9,633

Rental Items

Rental Equipment
None
Under Contract
None

Basement Type
None

Interior Features

Interior Extras
Separate Hydro Meter, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Porch, Year Round Living
Pool
None
Property Features
Golf, Hospital, Public Transit, Rec./Commun.Centre, School, School Bus Route

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
88.00 ft
Lot Depth
132.00 ft

Inclusions

Inclusions
4 Fridges, 4 Stoves, 4 Washers, 4 Dryers

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Telephone
Available

Bedrooms
8
Washrooms
4
Kitchens
4
Family / bonus room
Yes

Washrooms

  • 4-piece, Main
  • 4-piece, Second

Municipality
West Nipissing
Neighbourhood
Sturgeon Falls
Main cross streets
Pembroke St.
Zoning
R2
Directions
Follow Hwy 17 W to Sturgeon Falls. Turn left onto Pembroke St. Follow Pembroke St and turn left onto Spring St.

MLS® number
X14081352
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-15
Updated on
2026-10-15
Days on market
1 day
Possession type
Flexible
Co-op commission
2.25%+HST. See Remarks
Seller
Listed by
REALTY EXECUTIVES Local Group Inc. Brokerage

Home Market Value

Current home valuation for 26 Spring Street, West Nipissing, Sturgeon Falls, West Nipissing, ON. Listed for $657,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 26 Spring 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

$
West Nipissing, ON
Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $157,900 over $500K

Minimum down payment

$40,790

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,658$18,355$15,658$0
=Total mortgage
$641,110$610,465$574,873$526,320
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,130monthly$2,981monthly$2,807monthly$2,570monthly
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Land Transfer Tax

Provincial

$9,633

Total Land Transfer Tax

$9,633

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