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$780,000
Available - For Sale
Listing ID: X11933026
Completely Renovated Triplex Near Downtown Sarnia! This stunning, fully renovated triplex is the perfect investment opportunity or multi-family home, located just minutes from downtown Sarnia. With modern updates throughout, this property offers three separate units: Basement Unit: 2 bedrooms, $1600/month; Main Floor Unit: 3 bedrooms, $2100/month; Upper Unit: 2 bedrooms, $1975/month. The property also features a spacious car-and-a-half garage equipped with power, water, and a gas line ideal for a workshop or extra storage space.There is a private patio space on the north side of the home dedicated to the basement unit. There is a spacious fenced yard, and patio with gazebo in the back yard, and a beautiful covered porch on the front of the house. Recent Upgrades ($370k invested): Fully upgraded electrical and plumbing; New fixtures and walk-in showers in all three bathrooms; Brand new kitchens with mostly new appliances (main floor fridge and basement laundry are older units); All new travertine, granite and high-end vinyl flooring and dry core sub floor in basement; All new lighting, including spotlights in the basement; Insulated all outer walls and attic to R50; New windows, doors, and eaves; Fire separation between units with fire drywall and CO2 alarms installed; Removed mold, asbestos, and old wiring issues; Cleared overgrown backyard, removed outhouse and chicken coop. Heating and Cooling: 2 new electric heat systems that service basement and main floor units, on rental and maintenance contract with Reliance. Upper unit has a new dual ductless system. New owned electric hot water on demand unit services all 3 units. Parking: Ample parking, with each unit having dedicated parking spots. Utilities and Taxes: Lease includes utilities up to $350 per month (currently providing WIFI to all 3 units as well). Property taxes: $2500/year. Every inch of this home has been meticulously redone from top to bottom, ensuring modern comfort, style, and fun.
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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 $34,995 $69,990 $104,985 $139,980
First Mortgage $664,905 $629,910 $594,915 $559,920
CMHC/GE $18,284.89 $12,598.2 $10,411.01 $0
Total Financing $683,189.89 $642,508.2 $605,326.01 $559,920
Monthly P&I $2,926.05 $2,751.81 $2,592.56 $2,398.09
Expenses $0 $0 $0 $0
Total Payment $2,926.05 $2,751.81 $2,592.56 $2,398.09
Income Required $109,726.85 $103,192.98 $97,221.16 $89,928.52

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXIT REALTY COMMUNITY

226 Vidal Stre South , Sarnia, N7T 2T7, Lambton

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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 - Triplex
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age: 100+
Tax: $2,356
Maintenance Fee: $0
Beds: 5+2
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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