32 33 Shebandowan Road, Manitouwadge

$120,000
32 33 Shebandowan Road

$120,000

New
16d
Store W Apt/Office

32 33 Shebandowan Road, Manitouwadge

Total Monthly Obligation $1,134

Beds
0
Baths
3
Park
6
DOM
16d
Property Type-Store W Apt/Office
MLS® Number-X13871866
Beds-0
Bathrooms-3
Lot Size-33 × 49.55 ft
Listed on site-Oct 7, 2026
Building Type-Store W Apt/Office
Age-51-99
Taxes-$5,394 (2026)
Parking-None
Heating-Propane Gas
Brokerage-Century 21 Superior Realty Inc.
Cooling-No
Fireplace-No
Pool-None
Possession-60-89 days
Title-Commercial

No agent assigned

Discover an affordable investment opportunity near downtown Manitouwadge and the hospital. This versatile four-unit property features two vacant main-floor retail spaces offering approximately 1,650 sq. ft. in total, plus two upper-level residential apartments-including a vacant two-bedroom unit ready for some renovation and your finishing touches. The retail spaces offer excellent potential for shops, professional offices, studios or, subject to municipal approvals, conversion to additional residential units. Live on-site, establish your own business or reposition the property to suit your investment plans. Seller indicates important updates include a new membrane covering on roof of 32 Shebandowan completed in 2026 and a propane furnace installed in 2021. The property requires additional work, giving buyers an opportunity to add value and create a customized income-producing property. Located in the heart of Northern Ontario's boreal forest, Manitouwadge is surrounded by exceptional fishing, hunting and outdoor recreation. Bring your ideas and explore the possibilities this conveniently located mixed-use property has to offer!

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Closing Costs

Mortgage Amount
$96,000
Land Transfer Taxes$925
Legal Fees (Est.)
$
Total cash required for closing$26,425

Total Monthly Obligation

$1,134/mo
Mortgage $484
Monthly Loss $1,006
Principal$127
Interest$357
Property Tax$450
Home Insurance$50
Variable Costs$150

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 32 33 Shebandowan Road

Time

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