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$524,900
Available - For Sale
Listing ID: X12065234
Great brick duplex in good area of town with market-value rents. Both units are currently rented. Upper unit is rented for $1281.25 + 40% of the total utilities (Hydro, Gas, Water). Lower unit, which includes the back deck and basement, is currently rented for $1600 including Hydro, Gas & Water. Both units included Stove, Fridge, Washer and Dryer. Building has been well maintained and is in great condition. New metal roof 2019. Furnace 2011. As well, the lower unit has a newer kitchen, newer shower and vanity in the bath room, a newer closet in the bedroom, newer entrance door and newer washer and dryer. The upper unit has a newer entrance door, newer washer and dryer, and a newer range hood. The property has a large yard with storage shed and a double-wide driveway. Great investment property! Affordable 1st time investment opportunity - you live in one unit and let the other help pay your mortgage! Hydro Costs $855 (2024). Gas Costs $1085 (2024). Water/Sewage Costs $1500 (2024).
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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 $26,245 $52,490 $78,735 $104,980
First Mortgage $498,655 $472,410 $446,165 $419,920
CMHC/GE $13,713.01 $9,448.2 $7,807.89 $0
Total Financing $512,368.01 $481,858.2 $453,972.89 $419,920
Monthly P&I $2,194.43 $2,063.76 $1,944.33 $1,798.48
Expenses $0 $0 $0 $0
Total Payment $2,194.43 $2,063.76 $1,944.33 $1,798.48
Income Required $82,291.22 $77,391.05 $72,912.4 $67,443.18

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.
Royal LePage RCR Realty

134 9th Stre , Hanover, N4N 1K6, Grey County

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 - Duplex
Area: Grey County
Municipality: Hanover
Neighbourhood: Hanover
Style: 1 1/2 Storey
Lot Size: x 81.11(Feet)
Approximate Age: 100+
Tax: $2,324
Maintenance Fee: $0
Beds: 2
Baths: 2
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


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

 

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