108 Main Street, Powassan

$995,000
108 Main Street

$995,000

New
340d
Investment

108 Main Street, Powassan

Total Monthly Obligation $4,632

Beds
0
Baths
0
Park
0
DOM
340d
Property Type-Investment
MLS® Number-X12555854
Beds-0
Lot Size-66 × 165 ft
Listed on site-Nov 17, 2025
Building Type-Investment
Taxes-$2,921 (2024)
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-RIGHT AT HOME REALTY
Cooling-Partial
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-Trout Creek
Title-Commercial

No agent assigned

A great opportunity to own two buildings with a total of six units on a large lot. One building has five apartments, and a separate building on the same lot has another apartment. Located in the quiet hamlet of Trout Creek, approximately two hours north of the GTA. This property offers excellent potential to increase revenue. The second-floor units have storage in the attic space in addition to generous living space. Seller is willing to provide a VTB (second mortgage) of up to $250,000 at 2% annual interest to help with the down payment, making this property an even more attractive investment.

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Closing Costs

Mortgage Amount
$796,000
Land Transfer Taxes$16,375
Legal Fees (Est.)
$
Total cash required for closing$216,875

Total Monthly Obligation

$4,632/mo
Mortgage $4,014
Monthly Loss $3,576
Principal$1,056
Interest$2,957
Property Tax$243
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 108 Main Street

Time

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