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$1,295,000
Available - For Sale
Listing ID: N12061974
Attention Investors & Builders A Rare & Lucrative Opportunity! Step into history while securing your financial future with this one-of-a-kind investment gem! This stunning Georgian-style legal triplex is home to AAA tenants, ensuring immediate rental income. Originally a 19th-century hotel, this historical treasure sits on a newly rezoned RN5 lot with approved site plans & architectural drawings to build an additional triplex totaling six income-generating apartments! Multiple Investment Strategies for Maximum Returns: Expand with Ease: With site-specific provisions in place, all that's needed is the building permit to break ground on the new triplex. Renovate & Reimagine: The existing structure is incredibly strong, offering the opportunity to modernize or even add a fourth unit. Phased Development Option: Maintain cash flow with current tenants while constructing the new addition, then renovate the existing building for even greater rental potential! Prime Location. High Rental Demand. Endless Potential. Seize this rare chance to own a piece of history while maximizing your investment potential. Properties like this don't hit the market often! Act now!
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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 $71,495 $142,990 $214,485 $285,980
First Mortgage $1,358,405 $1,286,910 $1,215,415 $1,143,920
CMHC/GE $37,356.14 $25,738.2 $21,269.76 $0
Total Financing $1,395,761.14 $1,312,648.2 $1,236,684.76 $1,143,920
Monthly P&I $5,977.94 $5,621.97 $5,296.62 $4,899.32
Expenses $0 $0 $0 $0
Total Payment $5,977.94 $5,621.97 $5,296.62 $4,899.32
Income Required $224,172.63 $210,823.89 $198,623.44 $183,724.53

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.
RIGHT AT HOME REALTY INVESTMENTS GROUP

6745 Main Stre , Whitchurch-Stouffville, L4A 6B5, York

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: York
Municipality: Whitchurch-Stouffville
Neighbourhood: Stouffville
Style: 2-Storey
Lot Size: x 78.62(Feet)
Approximate Age: 100+
Tax: $5,052
Maintenance Fee: $0
Beds: 5
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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