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6 BAY VIEW COURT, West Nipissing (Sturgeon Falls)
2025-11-14
Quick Summary
- Location
- 6 BAY VIEW COURT, West Nipissing (Sturgeon Falls), Ontario P0H2M0
- Price
- $3,600,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2 ac
MLS®#X12543974
Property Description
Seller is willing to provide a second mortgage (VTB) of up to $700,000 at an annual interest rate of 2% to help with the down payment. Additionally, buyer financing of up to $2,700,000 may be available from third-party lenders, subject to the lender's credit approval and usual lending conditions. This creates an exceptional and rare investment opportunity to acquire a property that has 10 detached homes with waterfront land. The current homes are generating substantial revenue, so you can keep this property for long-term growth while exploring the redevelopment potential for a 45+ suite hotel! The property 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, already zoned to build a hotel, and has a clean Phase 1 report, making it an excellent candidate as a hotel site for future development. Initial concept drawings are available on request. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway, Recreation
Building
- Cooling Type: Partially air conditioned
- Fireplace: No
- Interior Size: 2 ac
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 2.3 ac
Zoning
- Description: commercial mix
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2025-11-14 13:27:46
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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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