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$999,900
Available - For Sale
Listing ID: X12069535
Well maintained and updated investment property, this all-brick purpose-multi-plex offers 3,149 sq ft of living space across 3 levels. This property includes two 3-bed units on the main and upper floors, each with a 4-pc bathroom, functional kitchen, and separate living/dining area. The 3rd floor unit also features a private balcony, offering a great spot to unwind and enjoy the outdoors. The lower-level offers a 1-bed unit with a 3-pc ensuite bath, kitchen and living room. Addition bachelor unit is bright and airy, thanks to its large windows, which allow natural light to flow through the space. The property is complemented by a 20x20 ft detached double garage/workshop providing potential additional income. Tenants can take advantage of the common area laundry room and the convenience of an on-site open-surface parking lot. With 3 long-standing tenants already in place and one vacant 3bedroom unit, this multi-plex presents a fantastic investment opportunity, providing immediate rental income and option for owner occupied unit as well. Location is a key selling point for this property. In a highly desirable rental area, residents enjoy easy access to the Laurentian Hills Power Centre, where grocery stores, restaurants, and essential services are all within reach. Numerous parks provide scenic walking and biking trails, making it perfect for those who enjoy an active lifestyle. Nearby McLennan Park, provides a variety of outdoor activities such as mountain biking trails, a toboggan hill, dog park, splash pad, and basketball courts. With several schools close by and the expressway just minutes away for easy access to the 401 and beyond, this multi-plex is ideally situated for convenience and recreation. Whether you're looking for an investment property or a multi-unit home, this building offers great potential in a highly desirable location.
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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 $90 $180 $270 $360
First Mortgage $1,710 $1,620 $1,530 $1,440
CMHC/GE $47.03 $32.4 $26.78 $0
Total Financing $1,757.03 $1,652.4 $1,556.78 $1,440
Monthly P&I $7.53 $7.08 $6.67 $6.17
Expenses $0 $0 $0 $0
Total Payment $7.53 $7.08 $6.67 $6.17
Income Required $282.2 $265.39 $250.03 $231.28

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RE/MAX REAL ESTATE CENTRE INC.

305 Lorne Aven , Kitchener, N2M 3Y9, Waterloo

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 119.02(Feet)
Approximate Age: 51-99
Tax: $5,766
Maintenance Fee: $0
Beds: 6+1
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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