22 Beach Boulevard
New Liskeard, Temiskaming Shores, P0J 1P0
LISTED
$499,990
SOLD
$450,000
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3 + 2
BEDROOMS4
BATHROOMS1 + 2
KITCHENS6 + 4
ROOMST12676946
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Property Description
Welcome to 22 Beach Blvd! Exceptional investment opportunity. Newly renovated triplex located steps from the lake, offering strong income potential and long-term upside. Currently positioned for short-term rentals with consistent demand from mining and corporate tenants, achieving market rents of approximately $5,000-$6,000 per month. This property supports an estimated 9% cap rate, making it an attractive option for investors seeking both cash flow and appreciation. Each unit has been updated, allowing for low-maintenance ownership and immediate income generation. Rare opportunity to secure a steps from the lake multi-residential asset with future expansion potential - an additional triplex next door is expected to be available for purchase in 2026, offering a unique chance to scale holdings side-by-side. Ideal for investors looking to diversify with a turn-key, income-producing property in a desirable location.
Property Features
Carpet Free, Guest Accommodations, In-Law Suite, Primary Bedroom - Main Floor, Front Yard Parking, Electric, Natural Gas
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Property Details
Address
22 Beach Boulevard
Community
Postal Code
P0J 1P0
Property Type
Detached, Detached
Days On Market
99
Zoning
R2
Lot Size
70' x 92'
Taxes
$4,138 (2025
Basement
Apartment, Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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This 1770 sq ft building on a large 150 ft x 150 ft lot has enormous potential! Currently a residential home with attached commercial unit, operating as a hair dressing salon. The opportunities are endless thanks to the commercial zoning. The residence features 3 bedrooms on the main floor and 2 bedrooms in the basement, and a 4 pce bath on each floor. Upstairs has a bright living room, a great kitchen with island (cabinets have been refreshed), brand new flooring throughout and access to the front and rear decks. The basement also has a large living room and a utility room which houses the laundry and utilities. In the hair dressing shop, there is a 3 pce bathroom and a 2nd work sink. The back yard is spacious and has an above ground pool that is only a few years old. Recent updates to the home include the steel roof and flooring upstairs. The home is heated by a natural gas forced air furnace, the shop is heated by a gas blower. Excellent highway 11 exposure for your commercial needs, or keep it as a residence with attached commercial unit.
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