New Minas Properties
9362 Commercial Street
Kings County
New Minas
B4N 3E9
$495,000
Multi-Family
built: 1955
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202511841
- Year Built:
- 1955
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Great investment opportunity in the heart on New Minas. Four plex with opportunity for expansion. New one bedroom apartment added in 2020. Good income with four units. Large parking area. New roof added in 2022.Heat pump added to basement apartment in 2021. Walking distance to shops and grocery store. It won't last long.
- Exit Highway 101 at Greenwich Exit, turn left at lights and 9362 Commercial St. is on the left.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 48 x 24 ft
- Outside Dimenions:
- 48 x 24 ft
- Lot Size:
- 15,359 sq. ft.1,427 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 4
- Year built:
- 1955 (Age: 70)
- Age:
- 70
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Block, Concrete
- Basement:
- Partially Developed, Walkout
- Floor Finish:
- Hardwood, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Forced Air, Heat Pump -Ductless
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- Multiple spots
- Driveway:
- Dirt, Parking Spaces(s)
- Water Supply:
- Municipal
- Water And Sewage:
- 640
- Sewer:
- Municipal
- Num Units:
- 4
- Num 1 Bed Units:
- 3
- Num 2 Bed Units:
- 1
- # Of Dryers:
- 1
- # Of Fridges:
- 4
- # Of Stoves:
- 4
- # Of Washers:
- 1
- Rental Income:
- Yes, 48000
- Approx. Net Income:
- 29760
- Insurance Expense:
- 3700
- Taxes Costs:
- 2700
- Heating Bill:
- 7000
- Electricity Bill:
- 4200
- Approx. Total Expense:
- 18240
- Approx. Total Income:
- 48000
- Air Conditioning, Cable, Laundry, Telephone
- All appliances
- Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
- Range, Refrigerator
- None
- None
- No
- 4 Plex in the heart of New Minas.
- Assessment:
- 188000.0
- Assessment Year:
- 2025
- Zoning:
- C1 Commercial
- Possession Info:
- negotiable
- Elementary School:
- New Minas Elementary School
- High School:
- Horton High School
- Middle School:
- Evangeline Middle School
Larger map options:
Listed by ViewPoint Realty Services Inc.(Greenwood)
Data was last updated June 1, 2025 at 09:20 AM (UTC)
Area Statistics
- Listings on market:
- 20
- Avg list price:
- $532,500
- Min list price:
- $289,000
- Max list price:
- $5,525,000
- Avg days on market:
- 32
- Min days on market:
- 2
- Max days on market:
- 464
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.
- MARK BURGESS
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 6907652
- Contact by Email
