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$1,299,900
Available - For Sale
Listing ID: X12078984
Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.
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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 $89,450 $178,900 $268,350 $357,800
First Mortgage $1,699,550 $1,610,100 $1,520,650 $1,431,200
CMHC/GE $46,737.63 $32,202 $26,611.38 $0
Total Financing $1,746,287.63 $1,642,302 $1,547,261.38 $1,431,200
Monthly P&I $7,479.21 $7,033.85 $6,626.8 $6,129.72
Expenses $0 $0 $0 $0
Total Payment $7,479.21 $7,033.85 $6,626.8 $6,129.72
Income Required $280,470.54 $263,769.46 $248,505.02 $229,864.45

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 HERITAGE REALTY LTD.

32 King Stre East , Cavan Monaghan, L0A 1G0, Peterborough

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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: Peterborough
Municipality: Cavan Monaghan
Neighbourhood: Millbrook
Style: Other
Lot Size: x 97.00(Feet)
Approximate Age:
Tax: $4,712
Maintenance Fee: $0
Beds: 8
Baths: 7
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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