Fauquier - 27 Grzela Road

Kapuskasing, ON

3 bath
2,520 sqft
Investment

$175,000Price reduced 8%

What an incredible opportunity to own a versatile property packed with potential in the heart of the community! This building offers a total of 2,520 sq. ft., 1,260 sq. ft. per floor (30x42), and sits on a generous 150 x 200 lot. Whether you're looking for a mixed-use investment, a commercial venture, or a multi-residential conversion, this property is ready to deliver. The second level features a spacious, fully renovated apartment (2017-2018) with soaring ceilings, two large bedrooms, a dedicated laundry room, and a modern layout that feels both open and bright. Its currently occupied by a tenant, providing immediate rental income. Access to the apartment is made easy with a stunning deck, built in 2017, that also serves as an additional exterior entrance. The main level, once used as a medical centre, includes three offices, a conference room, a kitchen, and 1.5 bathrooms plus three separate exterior access points, including a ramp for added accessibility. This space could continue as a commercial hub or be converted into residential units, depending on your vision. The basement is home to a sewing room used by municipal residents, along with utility and storage areas. Additional value is found in the detached 14x22 garage for extra storage. Please note: the blue shed belongs to the upstairs tenant and is not included. This property offers plenty of outdoor space with room for future development or expansion. The roof was replaced in 2017, and the building is heated with a boiler system and equipped with a 200-amp electrical breaker panel. The municipality is open to rezoning based on your proposed project, whether it's a full residential conversion or a blend of commercial and residential use. Don't miss out on this investment with endless possibilities!

Listing Details

Taxes (2026): $6,332
Originally Listed: $190,000
Listed: April 2, 2026

Price History

Listing history

Property

Lot Size: 150 x 200 Feet

Parking

Garage: Single Detached

Location & Legal

Cross Street: Grzela Rd and Belanger St
Zoning: Institutional
Parcel Number: 651680301
Possession: Flexible
Occupancy: Tenant

Included

Inclusions: Refrigerator, stove, washer and dryer located in second-floor apartment.
Exclusions: Tenant's belongings and tenant's exterior blue shed. Sewing Equipment.

Community

Postal area P0L

Population: 22,859
Private dwellings: 10,591
Median age: 42
Average household size: 2.5
Median household income: $77,500

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 Kapuskasing · last 12 months

Median sold price: $220,000
Homes sold: 105
Median days on market: 34
Sale-to-list price: 94.3%

Based on 105 recorded sales of commercial properties in Kapuskasing over the last 12 months.

Listed by

RE/MAX CROWN REALTY (1989) INC

Walk Score

Walk

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area: 2,520 sq ft
Price per sq ft: $69.44
Annual property tax: $6,332
Tax per sq ft: $2.51

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Its currently occupied by a tenant, providing immediate rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?