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Investment signal

$349,000

110 Clark ST

Beds

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Baths

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Sqft

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Location

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About this home

Endless opportunity for the developer and business minded! Located within the heart of Atikokan's business community. This brick building is greater than 14,000 square feet on two levels. The layout lends itself to a multi-residential complex, and/or commercial use. There are 4 large rooms on the main floor, ideal for studio type apartments. Spacious common areas provide sound barriers and large windows give natural light and a spacious feel. Double wide entrances, one on the East end and one on the South side of the building. The lower level west wall, is primarily above ground, with large windows and more rooms to develop. The MacKenzie Ave. lots, being 132' x 132' are being included, but have their own legal description, and can be sold separately. Selling "as is/where is". The Buyer is responsible for approval of their intended use, with the Municipality of Atikokan Planning and Zoning Department. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: Atikokan
Living area: 7,200 square feet
Lot size: 1.46 acres
Lot dimensions: 1.46
On market: Apr 10, 2026
Status changed: Apr 13, 2026
Annual tax: $4,038.36
Photos: 15
MLS#: TB2600663
Area: ATIKOKAN

Features and systems

Basement

Full

Heating

Forced airBoiler

Exterior

BrickVinylSiding

Roof

Flat

Foundation

BlockConcrete Perimeter

Utilities

Natural GasElectricityCableTelephone

Negative cash flow ~$109/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-1.88%

Cap rate

5.51%

GRM

12.1

Break-even rent

$2,515

Financing

Down payment$69,800

Loan amount$279,200

Mortgage$1,713/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160

Insurance$80

Maintenance$291

CapEx reserve$145

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Atikokan. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,713/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.