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$1,900,000
Available - For Sale
Listing ID: X11889856
Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked.
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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 $95,000 $190,000 $285,000 $380,000
First Mortgage $1,805,000 $1,710,000 $1,615,000 $1,520,000
CMHC/GE $49,637.5 $34,200 $28,262.5 $0
Total Financing $1,854,637.5 $1,744,200 $1,643,262.5 $1,520,000
Monthly P&I $7,943.27 $7,470.27 $7,037.97 $6,510.04
Expenses $0 $0 $0 $0
Total Payment $7,943.27 $7,470.27 $7,037.97 $6,510.04
Income Required $297,872.57 $280,135.25 $263,923.72 $244,126.58

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.
PC275 REALTY INC.

77 Montreal Stre , Goderich, N7A 2G5, Huron

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: Huron
Municipality: Goderich
Neighbourhood: Goderich (Town)
Style: 2-Storey
Lot Size: x 101.73(Feet)
Approximate Age: 100+
Tax: $6,588
Maintenance Fee: $0
Beds: 9+1
Baths: 7
Garage: 0
Fireplace: Y
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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