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$425,000
Available - For Sale
Listing ID: X12010416
Nestled in a picturesque setting, this charming 4 season cottage offers an expansive view of Lake Erie. Imagine waking up to breathtaking views of the lake every morning. This turnkey cottage is fully equipped and ready for a fun-filled summer. With its private location at the end of the lane, its the perfect spot for the whole family to enjoy the outdoors with ample room for relaxation and outdoor activities, plus plenty of parking. As the sun sets, you can unwind on the sprawling deck and enjoy the warm summer nights. The cottage features a large, well-equipped kitchen with plenty of natural light, a cozy fireplace in the living room, and 3 comfortable bedrooms. Why waste hours driving to Muskoka when this fantastic property is just an hour away from Hamilton, 1.2 hours from Oakville, and 1.5 hours from Mississauga? As a successful short term rental, this cottage represents an excellent investment opportunity. The turnkey nature of the property means it is ready to generate income immediately. The popularity of Lake Erie as a travel destination makes this a lucrative opportunity for the savvy investor.
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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 $21,250 $42,500 $63,750 $85,000
First Mortgage $403,750 $382,500 $361,250 $340,000
CMHC/GE $11,103.13 $7,650 $6,321.88 $0
Total Financing $414,853.13 $390,150 $367,571.88 $340,000
Monthly P&I $1,776.78 $1,670.98 $1,574.28 $1,456.19
Expenses $0 $0 $0 $0
Total Payment $1,776.78 $1,670.98 $1,574.28 $1,456.19
Income Required $66,629.39 $62,661.83 $59,035.57 $54,607.26

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ROYAL LEPAGE STATE REALTY

25 Erie Heights Line , Haldimand, N0A 1K0, Haldimand

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Haldimand
Municipality: Haldimand
Neighbourhood: Dunnville
Style: Bungalow
Lot Size: x 220.00(Feet)
Approximate Age: 51-99
Tax: $2,156
Maintenance Fee: $0
Beds: 3
Baths: 1
Garage: 0
Fireplace: Y
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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