716 3RD Avenue
Interior REALTORS® · V0X1N2
$869,000
About this residence
FANTASTIC OPPORTUNITY - CAP RATE 5.87% - Be a land baron for under $900,000 - 2 two-bedroom and 4 one-bedroom units on 2 levels. on a 0.331 AC lot. Well organized property with tons of future potential. Metal roof, on demand hot water system, Entry is controlled from enter phone, Electrical is the responsibility of the tenants, parking is ample and open. Storage available for all units. 1/2 the units upgraded, rental increase possible, lots of potential. City water, private septic. Private lot with tall hedges. Investment-wise, Great rate of return. The location is central to schools, downtown, and to the highway. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Storeys
- 2
- Lot size
- 0.33
- Year built
- 1973
- Annual tax
- $5,843
- MLS®
- 10366120
- Board
- Interior REALTORS®
- Status
- Inactive
- Listed
- Oct 17, 2025
- Updated
- Dec 16, 2025
Features & finishes
Heating
- Baseboard heaters
- See remarks
- Other
- Electric
Parking
- Other
Sewer & Utilities
- Septic tank
Financing
Estimated monthly payment
$4,064/mo
Loan amount
$695,200
Down payment
$173,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
About the area
Census · V0X- 22,683
- Population
- 54
- Median age
- $66,000
- Median income
- $500,000
- Median home value
- 81%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 716 3RD Avenue?
716 3RD Avenue is listed for $869,000, in Interior REALTORS®.
What type of home is 716 3RD Avenue?
716 3RD Avenue is a Multi-family, Multi-Family set over 2 storeys, built in 1973.
How large is 716 3RD Avenue?
The home offers a lot measuring 0.33.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,064. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,843 per year.
What is the Interior REALTORS® area like?
Interior REALTORS® has a population of about 22,683, a median age of 54, a 81% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Interior REALTORS®?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Interior REALTORS®?
The median household income in this area is approximately $66,000.
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