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150 MAIN STREET, KEARNEY
2025-06-05
Quick Summary
- Location
- 150 MAIN STREET, KEARNEY, Ontario P0A1M0
- Price
- $1,049,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 5000 - 100000 sqft
- Bedrooms:
- 9
- Bathrooms:
- 9
MLS®#X12198376
Property Description
Conditionally Sold with NO Escape clause until January 9, 2026. Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 9-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane and hydro. Owner pays propane tank rental. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the Directors). The resulting net income of $68,780. Detached garage 24.3 x 41.9. Garage does not have hydro. the panel in the garage was at one time hooked up to a generator. Total lot area is 1.9 acres. Projected rental income for the month January 1, 2026, is $8,450.70. All offers are to be submitted on a Commercial Agreement of Purchase and Sale #500. Purchase price is plus HST. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:32467)
Property Features
Building
- Amenities: Separate Electricity Meters
- Appliances: Dryer, Stove, Washer, Refrigerator
- Architectural Style: Bungalow
- Basement Type: Crawl space
- Cooling Type: None
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 5000 - 100000 sqft
- Building Type: Other
- Stories: 1
Features
- Feature: Irregular lot size
Land
- Land Size: 418 x 361 FT
- Sewer: Septic System
Structure
- Structure: Drive Shed
Zoning
- Description: RTS
Information entered by RE/MAX Parry Sound Muskoka Realty Ltd
Listing information last updated on: 2025-12-18 18:18:32
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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