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32 Chapa AVENUE
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Kenosee Lake · Business · under $1,200,000. Alerts only send when there are new or meaningfully updated matching homes.
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For Sale- 32 Chapa avenue, Multi income business 1152 SF building built in 2009 containing a car wash, vacuum detail station, Laundry mat, 2 showers (3 piece washrooms),Reverse osmosis water fill station, Second level of building currently being used as office space, potential for other use. 2,272 sq. ft. steel-frame Quonset with a concrete floor, offering excellent storage space and great potential to generate additional income through storage rentals. 14 Full service campsites (water, sewer, power). 4 rental cabins (year round & natural gas heat), three of the cabins being 2 bedrooms, four piece bathroom, living room, kitchen, dining. 1 cabin is a three bedroom, four piece bathrooms, kitchen, dining , living room. Wifi for both the campsites and cabins, security system/cameras set up all over the property connect to the monitors in the office space in the second level of the car wash building. A 1344 SF house, main floor consisting of a large master bedroom with a walk in closet and 3 piece ensuite, 2 spare bedrooms, 4 piece bathroom, Renovated kitchen, flooring, windows, and gyproc all done is 2016! The walkout basement used for rental income has it's own separate entrance with a large foyer, 3 bedrooms, 4 piece bathroom, Kitchen/dinging room, large living room for all kinds of activities/gatherings. House has hot water on demand, High efficiency furnace (payne). House has an enormous tree'd in back yard where you can enjoy nature, a beautiful view of Kenosee lake from the large veranda/deck on the front of the house, and tons of parking space out front and on the side of the house. The beautifully treed backyard provides a picturesque setting that would be ideal for hosting weddings, family gatherings, or special events. With multiple on-site accommodations available, guests can enjoy the convenience of staying right at the property, making it the perfect spot. All of this sits on 2.24 acres with ample amount of room to add to the property/business. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,756
Financing
Operating expenses (monthly)
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Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 30, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.