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23 Highway 105

23 Highway 105

Red Lake, ON

  • 1,200 sqft
  • Office
  • 452 days on market
$899,900

Multi-Unit Investment Opportunity A diverse portfolio of five income-generating properties on one property. Each offering strong rental potential and located in a convenient area. #1 – Commercial & Residential Combination This unique building features a commercial office space on the main level with seven private offices, a reception area, and conference room. The lower level includes a separate 2-bedroom, 1-bath apartment, perfect for rental income or live/work flexibility. #2 – Detached Residential Home A 3-bedroom, 1-bath home with a crawl space. #3 & #4 – Triplex This triplex offers three spacious rental units: 3-bedroom, 1-bath 4-bedroom, 1-bath 3-bedroom, 2-bath upper unit with a kitchenette (currently not rented) The basement includes shared laundry, utilities, and storage. #5 – Duplex with Extras Main floor features a 2-bedroom, 1-bath unit with laundry in the basement. The upper level includes a 2-bedroom, 1-bath unit (no kitchen). Property also includes a garage adding utility.

Listing Details

Taxes (2024)
$14,966
Listed
June 24, 2025

Price History

Property

Construction
Vinyl Siding
Roof
Asphalt Rolled, Metal
Foundation
Poured Concrete
Interior
Other
Lot Size
301 x 254 Feet

Parking

Garage
None
Covered Spaces
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Travelling North on Highway 105, turn left into the parking lot at The Red Apple. Driveway is to the left of the Red Apple.
Parcel Number
420092355
Occupancy
Tenant

Commercial

Business Type
Professional Office

Community

Postal area P0V

Population
22,944
Private dwellings
9,106
Median age
30.8
Average household size
3.1
Median household income
$71,500

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 Red Lake · last 12 months

Median sold price
$215,000
Homes sold
13
Median days on market
29
Sale-to-list price
92.9%

Based on 13 recorded sales of commercial properties in Red Lake over the last 12 months.

Listed by

RED LAKE REALTY LTD

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$14,966

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The lower level includes a separate 2-bedroom, 1-bath apartment, perfect for rental income or live/work flexibility.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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