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$499,900
Available - For Sale
Listing ID: X11929126
**Wow, Triplex under $500 K** Welcome, Investors! Discover the potential of this legal non-conforming triplex that needs some TLC, perfectly situated on a tranquil corner lot in Vanier, a neighborhood offering easy access to all amenities. This property features: Unit 1 & Unit 2: 2-bedroom, 1-bathroom apartments. Unit 3: A cozy 1-bedroom, 1-bathroom apartment. The current rents are below market value, presenting a fantastic opportunity for an owner-occupant or investors looking to increase rental income. Note: Photos are unavailable as all units are tenant-occupied. Don't miss this unique investment opportunity in a prime location! **EXTRAS** Rents - Unit 1 $984 +heating, Unit 2 $1,052 +heating & electricity, Unit 3 $805 +heating. Building insurance $2,940, Hydro $2,545 (only units 1 & 3), Water $2,427, Snow removal $694. Two units are paying for the rental of the boilers.
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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 $25,999.95 $51,999.9 $77,999.85 $103,999.8
First Mortgage $493,999.05 $467,999.1 $441,999.15 $415,999.2
CMHC/GE $13,584.97 $9,359.98 $7,734.99 $0
Total Financing $507,584.02 $477,359.08 $449,734.14 $415,999.2
Monthly P&I $2,173.94 $2,044.49 $1,926.18 $1,781.69
Expenses $0 $0 $0 $0
Total Payment $2,173.94 $2,044.49 $1,926.18 $1,781.69
Income Required $81,522.86 $76,668.45 $72,231.62 $66,813.46

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.
RE/MAX ABSOLUTE REALTY INC.

282 St Denis Stre , Vanier and Kingsview Park, K1L 5J3, Ottawa

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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: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 2-Storey
Lot Size: x 61.17(Feet)
Approximate Age: 51-99
Tax: $4,846
Maintenance Fee: $0
Beds: 4+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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