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$ 59,000
Est. payment | /mo
2 Beds
1 Bath
$ 59,000
Est. payment | /mo
2 Beds
1 Bath
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Cobalt
MLS Listing ID T12472588
Style 1 1/2 Storey
Bedrooms 2
Annual Tax Amount $738
Tax Year 2025
Property Sub-Type Detached
Property Description
Prime Investment Opportunity in Historic Cobalt! Located in the core of town, this property holds excellent future potential as both a short-term rental or a primary residence. All exterior openings have been securely boarded up to prevent unauthorized entry. The sale includes all existing household contents left behind by the previously and lawfully evicted owner. Due to the limited timeline provided by the sheriff for removal, the house is currently full of belongings; the buyer receives full rights to keep or dispose of all contents. This property will be sold in "as-is" condition. The seller is not a local resident and has not been able to conduct a thorough interior inspection. INVESTMENT NOTE: The town is poised for growth due to the nearby Electra Battery Materials project, which is building North America's first battery-grade cobalt sulfate refinery to support the EV supply chain. This development is expected to significantly enrich the local economy.
Location
State ON
County Timiskaming
Community Cobalt
Area Timiskaming
Zoning R1 (Res-Type1)
Body of Water Cobalt Lake
Rooms
Family Room Yes
Basement Crawl Space, Unfinished
Kitchen 1
Interior
Interior Features Other
Cooling None
Inclusions As Is Condition.
Exterior
Exterior Feature Deck, Paved Yard, Porch, Porch Enclosed
Pool None
Roof Type Asphalt Shingle
Lot Frontage 32.0
Lot Depth 60.8
Total Parking Spaces 2
Building
Building Age 51-99
Foundation Unknown
Sewer Municipal Available
Others
Senior Community No
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.
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