$370,000
119 BYNG AVENUE
Beds
8
Baths
5 full + 1 half
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kapuskasing. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Looking for a solid investment opportunity? This well-maintained 2-storey 4-unit apartment building is located in a quiet, low-traffic area, just minutes from schools, hospital, and the amenities of the Kapuskasing circle-making it an ideal location for tenants.This property has been carefully maintained over the years and features long-term tenants already in place. The front unit spans all three levels and offers a spacious layout with 3 bedrooms and a full bathroom on the second level, a kitchen with dining area and living room on the main level, along with a basement that includes laundry storage space.A side entrance provides access to the second unit on the main level, featuring 2 bedrooms. At the back of the building, one entrance leads upstairs to the third unit, also offering 2 bedrooms, while another entrance leads to the basement where you'll find the fourth unit with 1 bedroom and its own laundry area. The basement also includes an additional shared laundry room for units 2 and 3, along with a mechanical room.Outside, the property offers ample parking for tenants and a convenient storage shed divided into 4 separate sections-one for each unit.Key updates include exterior siding (2023), tenant storage shed (2025), roof shingles (2018), and two hot water tanks (2018 & 2016). The building is heated with a gas boiler and features 4 separate electrical meter breaker panels.A turnkey multi-unit property in a great location-this is one you won't want to miss. Book your viewing today! (id:65958)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- Kapuskasing
- Lot dimensions
- 75 FT
- Bedrooms
- 7 above grade, 1 below grade
- Parking
- 8 total
- Stories
- 2
- On market
- Apr 17, 2026
- Status changed
- Apr 19, 2026
- Annual tax
- $2,743
- Zoning
- R3
- Photos
- 22
- MLS#
- T13014306
- Area
- KAPUSKASING
Features and systems
Parking
Basement
Appliances
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
14.97%
Cap rate
7.86%
GRM
9.3
Break-even rent
$2,328
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.