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$1,188,800
Available - For Sale
Listing ID: S12012160
Attention Investors, Legal Registered Triplex, Totally Renovated in 2022, Tenanted, All units have separate entrance, 2 laundries, 2 furnaces, 3 hydro meters, garage converted into 3 Storage lockers for additional income, huge lot 66 X 217, Great potential for future development for multi-unit Apartment building, Buyer to do own due diligence. 15 Reasons to Buy This Tri-Plex: 1) Rental Income Potential 2) Lower Risk of Vacancy 3) Ability to Live in One Unit 4) Appreciation Potential 5) Diversified Investment 6) Tax Benefits 7) Leverage Financing 8) Increase Property Value through Improvements 9) Better Control Over the Property 10) Opportunity for Future Expansion 11) Building Equity 12) Legal Protections and Stability 13) Fewer Tenants to Manage Than Larger Multi-Family Properties 14) Better Financing Options for First-Time Investors 15) Community and Property Management Control
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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 $63,750 $127,500 $191,250 $255,000
First Mortgage $1,211,250 $1,147,500 $1,083,750 $1,020,000
CMHC/GE $33,309.38 $22,950 $18,965.63 $0
Total Financing $1,244,559.38 $1,170,450 $1,102,715.63 $1,020,000
Monthly P&I $5,330.35 $5,012.95 $4,722.85 $4,368.58
Expenses $0 $0 $0 $0
Total Payment $5,330.35 $5,012.95 $4,722.85 $4,368.58
Income Required $199,888.17 $187,985.5 $177,106.71 $163,821.78

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX PREMIER INC.

152 Owen Stre , Barrie, L4M 3H9, Simcoe

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 - Triplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: City Centre
Style: Bungalow
Lot Size: x 217.00(Feet)
Approximate Age:
Tax: $7,188.02
Maintenance Fee: $0
Beds: 3+1
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

  Email Us

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

 

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