The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional opportunity to own a fully renovated and meticulously maintained two-storey commercial building, currently home to the "Knights of Columbus Hall." Offering approximately 7,769 sq. ft. of versatile commercial space, this unique property is ideally situated in the heart of Kapuskasing's downtown core and benefits from C1 zoning. Designed with flexibility and income potential in mind, the building features multiple halls, office spaces, and rental areas that can be leased independently, creating numerous revenue opportunities. Each hall is self-contained and equipped with its own private entrance, washrooms, storage areas, office space, and kitchen or wet bar facilities. The main level showcases a spacious event hall with a seating capacity of approximately 350 to 400 guests, complemented by a fully renovated and professionally equipped chef's kitchen. The lower level offers two additional halls with capacities of 205 and 141 people respectively, providing even more options for events, meetings, or rentals. On the second floor, you'll find additional rental units and storage space, further enhancing the property's versatility. A large parking lot located alongside the building provides ample parking for guests, tenants, and visitors. With its prime location, extensive renovations, and endless possibilities, this one-of-a-kind property is ready for its next chapter.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,526/mo
Mortgage (principal + interest)$2,989
Property taxFrom listing: $6,438/yr$537
Minimum $54,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$159,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$175,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kapuskasing has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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