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$799,900
Available - For Sale
Listing ID: X9510196
Great investment opportunity in the heart of Cambridge. COMM/RES ZONING (C2/RM3). 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. Fully rented out with reliable, trustworthy tenants. The monthly rent for the whole property is $5,000. After deducting various expenses (water, electricity, gas, property insurance, internet fees), the monthly net income is $4,182.37, and the annual net income is $50,188.44. Park 4 cars via right of way off Montrose, 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services.
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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 $30,950 $61,900 $92,850 $123,800
First Mortgage $588,050 $557,100 $526,150 $495,200
CMHC/GE $16,171.38 $11,142 $9,207.63 $0
Total Financing $604,221.38 $568,242 $535,357.63 $495,200
Monthly P&I $2,587.83 $2,433.74 $2,292.9 $2,120.9
Expenses $0 $0 $0 $0
Total Payment $2,587.83 $2,433.74 $2,292.9 $2,120.9
Income Required $97,043.75 $91,265.12 $85,983.57 $79,533.87

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.
HOMELIFE LANDMARK REALTY INC.

1260 King Stre East , Cambridge, N3H 3P8, Waterloo

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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 - Triplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 97.00(Feet)
Approximate Age:
Tax: $3,121.52
Maintenance Fee: $0
Beds: 4
Baths: 3
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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