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$2,399,000
Available - For Sale
Listing ID: N12094676
Six unit apartment building in the heart of Maple. Built in 1997. Legal fourplex with 2 additional non confirming units (one can be converted to commercial use). Three -2 bedrooms, Two- 1 bedroom, One bachelor. This building presents tons of potential with oversized units, increasing rents to market value, 12 parking spots in the rear lot, unfinished lower level basement. Basement potential is subject to city planning approval. Brand new heating/boiler system (installed Aug 2024). Main floor two bedroom unit can be converted to commercial use - this unit offers wheelchair accessibility. Lower level laundry (1 washer, 1 dryer) pay per use. Lower level also offers owners private office space. No major capital expenditures required- Building is in great overall condition! Seller and Listing Brokerage do not warrant legality or retrofit status of units.
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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 $157,400 $314,800 $472,200 $629,600
First Mortgage $2,990,600 $2,833,200 $2,675,800 $2,518,400
CMHC/GE $82,241.5 $56,664 $46,826.5 $0
Total Financing $3,072,841.5 $2,889,864 $2,722,626.5 $2,518,400
Monthly P&I $13,160.74 $12,377.06 $11,660.8 $10,786.11
Expenses $0 $0 $0 $0
Total Payment $13,160.74 $12,377.06 $11,660.8 $10,786.11
Income Required $493,527.82 $464,139.88 $437,279.93 $404,479.2

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

2311 Major Mackenzie Driv , Vaughan, L6A 3Z3, York

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: York
Municipality: Vaughan
Neighbourhood: Maple
Style: 2-Storey
Lot Size: x 159.00(Feet)
Approximate Age: 16-30
Tax: $13,284
Maintenance Fee: $0
Beds: 9
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

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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