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$799,000
Available - For Sale
Listing ID: S12093241
Tucked away on a quiet, dead-end street in a highly convenient central location, this charming three-unit property offers a fantastic opportunity for investors or anyone looking to live in one unit while generating rental income from the others. Legally, it's a duplex with a third unregistered unit. The property sits on a spacious lot that may offer even more potential, ideal for the savvy buyer with an eye toward the future. There's a possibility to add a garden suite with required permits, creating extra value for those ready to roll up their sleeves and invest some sweat equity. The lower-level one-bedroom unit has been recently renovated and feels bright and inviting, with large windows that bring in plenty of natural light. Both upper units are two-bedroom,above-grade spaces that have been well maintained and are currently home to friendly, long-term tenants who would love to stay. Parking is plentiful, with enough space for all tenants and even a guest spot. Location-wise, it doesn't get much better -- just a short walk brings you to Kempenfelt Bay, with all the perks of waterfront living, or to the downtown GO station, making commuting to Toronto a breeze. Highway 400, Anne Street, and Essa Road are all easily accessible, putting everything you need within reach. The property has been responsibly managed, with solid tenants and no existing issues. Full financials are available for review, and while the third unit is not warranted for retrofit status, buyers are encouraged to conduct their own due diligence. Whether you're looking to expand your portfolio or get started in real estate with a property full of potential, this one's worth a closer look.
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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 $44,999.95 $89,999.9 $134,999.85 $179,999.8
First Mortgage $854,999.05 $809,999.1 $764,999.15 $719,999.2
CMHC/GE $23,512.47 $16,199.98 $13,387.49 $0
Total Financing $878,511.52 $826,199.08 $778,386.64 $719,999.2
Monthly P&I $3,762.6 $3,538.55 $3,333.77 $3,083.7
Expenses $0 $0 $0 $0
Total Payment $3,762.6 $3,538.55 $3,333.77 $3,083.7
Income Required $141,097.38 $132,695.5 $125,016.36 $115,638.78

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.
KELLER WILLIAMS EXPERIENCE REALTY

68 CAMPBELL Aven , Barrie, L4N 2T4, Simcoe

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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: Simcoe
Municipality: Barrie
Neighbourhood: Allandale
Style: 2-Storey
Lot Size: x 170.58(Feet)
Approximate Age: 51-99
Tax: $6,050
Maintenance Fee: $0
Beds: 4+1
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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