45 Murray ST, Blind River, ON P0R 1B0
$3,600,000
Est. payment /mo
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0.5 Acres Lot
Active Under Contract

45 Murray ST Blind River, ON P0R 1B0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Blind River

MLS Listing ID X13887058

Annual Tax Amount $22,294

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market.

Location

Province ON

County Algoma

Area Algoma

Zoning RM3

Rooms

Basement None

Interior

Interior Features Other

Cooling Other

Inclusions --

Exterior

Parking Features Other

Pool None

Roof Type Asphalt Rolled

Road Frontage Municipal Road

Lot Frontage 181.0

Lot Depth 330.9

Building

Foundation Poured Concrete

Others

ParcelsYN No

Listed by Remax Sault Ste. Marie Realty Inc.

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader License ID: 9517861

+1(416) 875-4880

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45 Murray ST

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