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$900,000
Available - For Sale
Listing ID: X12100363
FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $45,529. Property Features for each unit: Furnace, Hot Water Tank, A/C, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don't miss the opportunity to invest in a property with such strong potential in one of the region's most sought-after neighborhoods!
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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 $45,000 $90,000 $135,000 $180,000
First Mortgage $855,000 $810,000 $765,000 $720,000
CMHC/GE $23,512.5 $16,200 $13,387.5 $0
Total Financing $878,512.5 $826,200 $778,387.5 $720,000
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 $141,097.53 $132,695.65 $125,016.5 $115,638.91

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.
INNOVATION REALTY LTD.

275 Bridge Stre , Carleton Place, K7C 3H5, Lanark

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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 - Fourplex
Area: Lanark
Municipality: Carleton Place
Neighbourhood: 909 - Carleton Place
Style: 2-Storey
Lot Size: x 105.00(Feet)
Approximate Age:
Tax: $4,759
Maintenance Fee: $0
Beds: 12
Baths: 5
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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