Capreol (Sudbury), Ontario

Commercial And Residential Complex In Northern Ontario

Commercial and residential complex in Northern Ontario (2 Buildings) and is a turnkey operation. Owners want to retire. Retail and commercial complex consisting of Laundromat, rented commercial space (220 sq. ft. Hair Salon), 400 sq. ft. for business or for lease and completely renovated triplex fully rented to reliable tenants. Main floor Apt. 2 bedroom for owners, if required. Laundromat equipment included in sale consists of 15 regular Maytag washers, 1 oversize tumbler washing machine, 16 stacked regular Maytag dryers and 1 oversized dryer. Building is heated with Natural Gas and is fully air conditioned. This is the only Laundromat serving a wide area between Capreol and downtown Sudbury. Apartments have Natural Gas Heating on main floor unit and electric baseboard heating in the two upstairs units. All units are equipped with new fridges and stoves. Tenants pay Heating and Hydro. Good opportunity for the right buyer. Plans included for 2 additional 2-bedroom apartments over Laundromat.

Note: The Town of Capreol is located in the City of Greater Sudbury, (population 160,000) approximately 20 miles from the city center. The population of Capreol is just under 4000 residents. Due to the development of two nearby mines, the town is now growing. Capreol is located on the Vermillion River and is a railway town with the CNR being the main employer at present. The Via Rail train comes through every day and the American Orient Express Tour train stops over in town about four times a year. We have two elementary schools, four churches, a large hockey arena with two ice pads, a curling club, a bowling alley, several playgrounds, several parks, a ski hill with downhill and cross-country trails, a link with the cross Canada snowmobile trail, good fishing and hunting. There are two family physicians, a dentist and a chiropractor in practice here. Shopping locally, we have a Freshmart Supermarket, LCBO (liquor and beer) store, Pro Hardware, drugstore with pharmacy, two ladies’ wear stores, a meat market, several convenience stores, several restaurants, garages and a Chrysler dealership. There is a CIBC bank and a branch of the Northern Credit Union. Capreol is a friendly town. We have lived here for sixteen years and we feel more at home than anywhere else we have lived during our 52 years of marriage. When our business is sold, we intent to spend our retirement years here.

FEATURE PRICE... $249,000CDN CALL The Owner: DAYTIME: (705) 858-2039 from 9am-5pm; EVENINGS and WEEKENDS (705) 858-3194 or Email: eva_m_grant@hotmail.com