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$655,000
Available - For Sale
Listing ID: X11994893
Investment opportunity in the Heart of Kinmount. This building has been well maintained and cared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom apartment ready for occupancy. These units are a great source of income with the mix of Commercial and Residential uses. Electrical, Plumbing, upgraded rocksal insulation upstairs, downstairs and walls only 2 years old! New deck and stairs off upper units with a shared hallway and seperate entrances, 2 hotwater tanks owned. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access capacity 2,000 gallons with warning switch for easy maintenance. Updated electrical includes 2-200 amp panels for the building. NOI approx. $55,000per year.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $2,495 $4,990 $7,485 $9,980
First Mortgage $47,405 $44,910 $42,415 $39,920
CMHC/GE $1,303.64 $898.2 $742.26 $0
Total Financing $48,708.64 $45,808.2 $43,157.26 $39,920
Monthly P&I $208.62 $196.19 $184.84 $170.97
Expenses $0 $0 $0 $0
Total Payment $208.62 $196.19 $184.84 $170.97
Income Required $7,823.07 $7,357.24 $6,931.47 $6,411.53

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE

4075 County Rd 121 Road North , Kawartha Lakes, K0M 2A0, Kawartha Lakes

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MD Ashraful Bari
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Multiplex
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Kinmount
Style: 2-Storey
Lot Size: x 87.55(Feet)
Approximate Age: 31-50
Tax: $1,797.74
Maintenance Fee: $0
Beds: 4
Baths: 5
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

  Email Us

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

 

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