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CAONWest Nipissing6 Bay View Court
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 1
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 2
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 3
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 4
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 5
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 6
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 7
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 8
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 9
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 10
6 Bay View Court, Home with 0 bedrooms, 0 bathrooms and 40 parking in West Nipissing ON | Image 11
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$3,695,000

Added 6 days ago

6 Bay View Court, West Nipissing, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$3,695,000

Added 6 days ago

00-40
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $9,000
Days Active 5
Approx. Age 
MLS® Number X12254327

Property Address: 6 Bay View Court, West Nipissing, Ontario

Average square foot calculated using Size range provided by listing agent.

Description

10 Detached Homes with Waterfront Plus Redevelopment Potential for 50+ Residential Units or a 45+ Suite Hotel! This property offers a unique investment opportunity! It includes five separate lots (five PINs: PIN 490790239, PIN 490790992, PIN 490790228, PIN 490790240, PIN 490790992), currently featuring ten detached homes, one large and one smaller workshop, and approximately 350 feet of water frontage on Minnehaha Bay, part of Lake Nipissing, in Sturgeon Falls (approximately 3 hours north of the GTA).The site is within walking distance of downtown Sturgeon Falls and located approximately 20 minutes west of North Bay, 1 hour south of Sudbury, and roughly 3 hours north of the GTA. This unique location is fully serviced by all municipal utilities, making it an excellent candidate for future development. There is also an opportunity to acquire the adjacent property at 314 King Street, which includes a triplex and a large lot that could be used for additional parking or further expansion. Currently, all 10 homes on the property are fully rented, generating steady income with the potential for increased revenue making this an attractive income-producing asset. A preliminary design concept has been prepared (available for review), supporting potential redevelopment into 50+ residential units or a 45+ suite hotel, both of which have strong local support.
MLS® NumberX12254327
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric Forced Air
A/CPartial
Heating Fuel

Extras

6 Bay View Court, West Nipissing, ON

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