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$1,175,000
Available - For Sale
Listing ID: X11945562
Fantastic opportunity in prime Erin location! Sitting on a .42 acre lot just outside of town, walk to Erin! 3 homes in one! Full detached bungalow and 2 storey duplex, zoning attached. Live in one and rent the other two! Good tenants in all 3 units. Bungalow offers hardwood floors, updated kitchen w/breakfast bar & granite counters, 2 BR's, large bright living room w/wood stove, own laundry + access to lower level storage area (separate septic system). The 2 storey offers a 2 BR upper unit w/large LR, laminate floors & upper & lower decks + shed! The main floor has 2 BR's + den w/closest, separate living/dining rms and good sized kitchen, 3 w/o's. These two units share a laundry room & separate septic system. Well serves all 3 units. Huge upper lawn with fire pit. All tenants share the property, with separate sitting/bbq areas. Nicely landscaped, lots of parking! Don't wait! Fantastic investment opportunity, w/huge potential to increase value/rent! Erin is growing! Get in now! **EXTRAS** Bungalow measurements - *Living - 3.95 x 3.12 *Kitchen - 4.57 x 3.66 *BR1 - 2.96 x 2.70 *BR2 - 2.44 x 2.70*Note - Zoning R1-105 - "existing single detached dwelling & a duplex dwelling on one lot"- see attachment
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $58,750 $117,500 $176,250 $235,000
First Mortgage $1,116,250 $1,057,500 $998,750 $940,000
CMHC/GE $30,696.88 $21,150 $17,478.13 $0
Total Financing $1,146,946.88 $1,078,650 $1,016,228.13 $940,000
Monthly P&I $4,912.28 $4,619.77 $4,352.43 $4,025.95
Expenses $0 $0 $0 $0
Total Payment $4,912.28 $4,619.77 $4,352.43 $4,025.95
Income Required $184,210.67 $173,241.54 $163,215.99 $150,973.02

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
IPRO REALTY LTD.

45 Wellington 124 Rd , Erin, N0B 1T0, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Wellington
Municipality: Erin
Neighbourhood: Erin
Style: 2-Storey
Lot Size: 110.00 x 163.11(Feet)
Approximate Age: 51-99
Tax: $4,847.59
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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