$279,900
1.72 BTC
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57 Leonard Avenue, Kapuskasing
$279,900
PRICE
8
BEDROOMS
3
BATHROOMS
T12096180
MLSID

57 Leonard Avenue, Kapuskasing

Fantastic opportunity to own a fully renovated and fully tenanted triplex in the quiet village of Moonbeam. This turn-key income property features three self-contained units, each with their own laundry hook-ups and separate hydro meters. Unit 1 offers three spacious bedrooms and was completely renovated in 2018, with flooring updated in 2021. Unit 2 includes two bedrooms and was upgraded several years ago, with new living room flooring installed in the summer of 2024. Unit 3 features three bedrooms and was fully renovated between 2019 and 2020, including a new kitchen, new floors, and fresh paint throughout. The building has seen numerous major upgrades, including new siding and windows in 2018, a metal roof and weeping tiles redone approximately 15 years ago, a new hot water boiler installed in January 2022, a hot water on demand system added in 2022, a new hot water tank in January 2024, and a water softener also installed in January 2024. The property has been fire and electrical retrofitted and is fully rented, offering strong cash flow and low maintenance. Perfect for investors or those looking to live in one unit and rent the others, with the added flexibility of use as an in-law or granny suite. A true turn-key investment in a peaceful, family-friendly community.
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Summary

Address
57 Leonard Avenue
Community
MLSID
T12096180
Property Type
Triplex
Property Category
Bedrooms
8
Bathrooms
3
Kitchens
3
Zoning
R1
Taxes (Annual)
$1,948.78
Tax Year
2024
Published
April 22, 2025
Days on Market
116 Days
Possession Type
Flexible
Possession Details
Agreed Upon
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Inclusions

All existing light fixtures, all built-in appliances, 2 sheds, window coverings in apartment 1, 4 stools in apartment 1, Water softener, hot water tank, hot water on demand

Exclusions

All appliances belong to tenants

Details

Security Features
Smoke Detector, Carbon Monoxide Detectors
Parking Spaces
5
Parking Total
5
Parking Features
Private Triple
Architectural Style
Backsplit 3
Roof
Metal
Construction Materials
Brick Front, Vinyl Siding
Lot Width
50 Feet
Lot Depth
150 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE TRIDENT REAL ESTATE (KAP) LTD.
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