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$2,295,000
Available - For Sale
Listing ID: X12017552
ATTENTION BUILDERS. EXCELLENT APARTMENT BUILDING ON THE EDGE OF OLD NORTH. 6 UNIT BUILDING CONSISTING OF 5-2 BEDROOM APARTMENTS AND 1-1 BEDROOM. COMPLETELY RENOVATED TO DRYWALL AND FLOOR TO CEILING. LUXURY CONTEMPORARY KITCHENS WITH QUARTZ COUNTERTOPS 3-STAINLESS APPLIANCES. LUXURY BATHROOMS WITH FULL BATHTUBS AND VANITIES WITH QUARTZ COUNTERTOPS. HIGH END LIGHT FIXTURES, TILE AND FLOORING THROUGHOUT SUITES AND COMMON AREAS. ELECTRIC FIREPLACES IN ALL UNITS. CONTROLLED ENTRY WITH VIDEO DOORBELLS. NEW ELECTRICAL, PLUMBING, AND HIGH EFFICIENCY BOILER SYSTEM. NEW HIGH EFFICIENCY WINDOWS THROUGHOUT. NEW SIDEWALKS AND ASPHALT PARKING LOT AND DRIVEWAY. ANNUAL INCOME OF APPROXIMATELY $130,160. SITE PLAN AND BUILDING PERMIT APPROVED FOR A NEW ADJACENT BUILDING FOR 9 TWO BEDROOM UNITS WITH INSUITE LAUNDRY AND JULIET BALCONIES. THE BUILDING WILL BE 3 FLOORS, WITH 3 UNITS PER FLOOR, RAISED 2 STOREY BUILDING WITH TOTAL SQ. FEET OF APPROX. 6,000.
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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 $64,750 $129,500 $194,250 $259,000
First Mortgage $1,230,250 $1,165,500 $1,100,750 $1,036,000
CMHC/GE $33,831.88 $23,310 $19,263.13 $0
Total Financing $1,264,081.88 $1,188,810 $1,120,013.13 $1,036,000
Monthly P&I $5,413.96 $5,091.58 $4,796.93 $4,437.11
Expenses $0 $0 $0 $0
Total Payment $5,413.96 $5,091.58 $4,796.93 $4,437.11
Income Required $203,023.68 $190,934.29 $179,884.85 $166,391.54

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.
SUTTON GROUP - SELECT REALTY

894 ADELAIDE St North , London, N5Y 2M5, Ontario

Personal Picture
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 - Multiplex
Area: Middlesex
Municipality: London
Neighbourhood: East C
Style: 3-Storey
Lot Size: 49.53 x 282.32(Feet)
Approximate Age: 51-99
Tax: $6,953.22
Maintenance Fee: $0
Beds: 8+3
Baths: 6
Garage: 0
Fireplace: N
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
BROKER

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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