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$895,000
Available - For Sale
Listing ID: X12057352
POWER OF SALE -Opportunity knocks for savvy Investor to acquire a turn-key investment, within walking distance to Western University, Downtown and Bus Transit routes. Fully rented 2/1/2 -storey brick building located at northeast intersection of Wharncliffe Road North and Black Friars. New asphalt shingle roofing December 2024. Property features 4 units including -: one 5-bedroom unit over two floors, Bachelor unit & 2 two-bedroom units. Owned-forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,220.00. Utilities are included in Rents. 3 Hydro Meters on site. Area is recognized as the heritage conservation District known as Blackfriars/Petersville. Property is being sold where is as is.
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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 $44,750 $89,500 $134,250 $179,000
First Mortgage $850,250 $805,500 $760,750 $716,000
CMHC/GE $23,381.88 $16,110 $13,313.13 $0
Total Financing $873,631.88 $821,610 $774,063.13 $716,000
Monthly P&I $3,741.7 $3,518.89 $3,315.25 $3,066.57
Expenses $0 $0 $0 $0
Total Payment $3,741.7 $3,518.89 $3,315.25 $3,066.57
Income Required $140,313.66 $131,958.45 $124,321.96 $114,996.47

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RE/MAX ADVANTAGE REALTY LTD.

193 Wharncliffe Road North , London North, N6H 2B5, Middlesex

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London North
Neighbourhood: North N
Style: 2 1/2 Storey
Lot Size: x 66.00(Feet)
Approximate Age: 100+
Tax: $5,537.4
Maintenance Fee: $0
Beds: 8+2
Baths: 4
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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