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$600,000
Available - For Sale
Listing ID: X11968203
Looking to kickstart your real estate portfolio? This fantastic 4-unit investment property, just blocks from downtown Pembroke, is the perfect opportunity! Featuring Three 2-bedroom units and One 1-bedroom units, each designed with large, bright windows that fill the spaces with natural light, this property offers comfortable living for tenants and steady rental income for you which in 2024 totalled $71,500 with a net income of $40,196, offered at a cap rate of 6.5%!! Income calculation includes repairs, maintenance, vacancy and property management. There are 2 units currently vacant, set your own rents! Recent upgrades include a roof, updated doors, and two gas furnaces, ensuring lower maintenance costs and improved efficiency. With laminate flooring throughout, the units are both stylish and easy to maintain.A prime location, solid upgrades, and strong rental potential make this a must-see investment. Dont miss outcall today for more information or to book a showing! Please allow 24 hours' notice for all showings.
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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 $187,500 $375,000 $562,500 $750,000
First Mortgage $3,562,500 $3,375,000 $3,187,500 $3,000,000
CMHC/GE $97,968.75 $67,500 $55,781.25 $0
Total Financing $3,660,468.75 $3,442,500 $3,243,281.25 $3,000,000
Monthly P&I $15,677.5 $14,743.96 $13,890.72 $12,848.77
Expenses $0 $0 $0 $0
Total Payment $15,677.5 $14,743.96 $13,890.72 $12,848.77
Income Required $587,906.4 $552,898.52 $520,902.08 $481,828.78

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.
RE/MAX HALLMARK REALTY GROUP

300-306 Church Stre , Pembroke, K8A 4L3, Renfrew

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 - Fourplex
Area: Renfrew
Municipality: Pembroke
Neighbourhood: 530 - Pembroke
Style: 2 1/2 Storey
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $5,050
Maintenance Fee: $0
Beds: 7
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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