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$629,000
Available - For Sale
Listing ID: X12049521
180 Fares St is prepped for development, with plans already in place for four 2-bedroom units and four 1-bedroom units. The building permits just awaits final fee payment for approval. Most of the framing is already completed as per new building permit drawings. The property sits in a high-potential neighborhood that is on the brink of major transformation. It's set to benefit from several major upcoming projects, including the future City Waterfront Centre, a year-round multi-use hub that will serve cruise ship guests and host community events. Just around the corner, Rankin is wrapping up construction on a 9-storey, 72-unit condo building. Plus, the Marina District is being reimagined with city plans to create 5 to 8 new urban blocks here, with commercial space on the ground floor, residential units above, and new walking paths, parks, and event spaces throughout. The location is unbeatable walking distance to downtown, grocery stores, restaurants, parks, the canal, and more. This is a prime investment opportunity in a rapidly evolving area. Property is being sold as is condition.
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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 $31,450 $62,900 $94,350 $125,800
First Mortgage $597,550 $566,100 $534,650 $503,200
CMHC/GE $16,432.63 $11,322 $9,356.38 $0
Total Financing $613,982.63 $577,422 $544,006.38 $503,200
Monthly P&I $2,629.64 $2,473.05 $2,329.94 $2,155.17
Expenses $0 $0 $0 $0
Total Payment $2,629.64 $2,473.05 $2,329.94 $2,155.17
Income Required $98,611.5 $92,739.51 $87,372.64 $80,818.75

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Toronto Real Estate Realty Plus Inc

180 Fares Stre , Port Colborne, L3K 1W4, Niagara

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: Niagara
Municipality: Port Colborne
Neighbourhood: 876 - East Village
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $5,217
Maintenance Fee: $0
Beds: 0
Baths: 0
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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