420 Fifth Avenue
Black River-Matheson, ON
- 4,800 sqft
- Investment
- 319 days on market
Investors Alert! Multiplex with 6 units, with good rental income. Situated in the downtown core of Matheson. Roof redone August 2025 with EPDM membrane (synthetic rubber membrane). 2 Furnaces in 2023 - one replaced and the other refurbished. Property has been regularly maintained and renovated over the duration of Seller's possession. Tenants have off street parking. Unfinished basement with separate entrance. It is a solid building with much potential.
Listing Details
- Taxes (2025)
- $4,793
- Originally Listed
- $599,900
- Listed
- October 23, 2025
Price History
Property
- Age
- 51-99
- Lot Size
- 65 x 131 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Fifth and Railway
- Zoning
- M1
- Parcel Number
- 653810237
- Possession
- Flexible
- Occupancy
- Partial
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 6 fridges, 6 stoves, 6 microwaves
- Exclusions
- --
- Rental Items
- --
Community
Postal area P0K
- Population
- 11,456
- Private dwellings
- 6,383
- Median age
- 49.2
- Average household size
- 2.2
- Median household income
- $75,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Black River-Matheson · last 12 months
- Median sold price
- $150,000
- Homes sold
- 43
- Median days on market
- 33
- Sale-to-list price
- 91.3%
Based on 43 recorded sales of commercial properties in Black River-Matheson over the last 12 months.
Listed by
CLAIMPOST REALTY LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,800 sq ft
- Price per sq ft
- $120.81
- Annual property tax
- $4,793
- Tax per sq ft
- $1.00
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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