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$499,900
Available - For Sale
Listing ID: S12101174
Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, youll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether youre a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.
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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 $27,990 $55,980 $83,970 $111,960
First Mortgage $531,810 $503,820 $475,830 $447,840
CMHC/GE $14,624.78 $10,076.4 $8,327.03 $0
Total Financing $546,434.78 $513,896.4 $484,157.03 $447,840
Monthly P&I $2,340.34 $2,200.98 $2,073.61 $1,918.06
Expenses $0 $0 $0 $0
Total Payment $2,340.34 $2,200.98 $2,073.61 $1,918.06
Income Required $87,762.67 $82,536.69 $77,760.26 $71,927.4

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

538 NELSON Stre , Midland, L4R 4W3, Simcoe

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 - Duplex
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style: Bungalow-Raised
Lot Size: x 82.28(Feet)
Approximate Age: 31-50
Tax: $3,202
Maintenance Fee: $0
Beds: 2+3
Baths: 2
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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