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$724,900
Available - For Sale
Listing ID: S11933646
Legal Triplex in Midland! Investment opportunity to combine this purchase with 230 Queen St and acquire a commercial mortgage. Legal triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in Dec 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener this is an ideal property to add to your real estate portfolio -or- start your new real estate portfolio with this triplex! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Convenience of appliances, full bath, laundry and parking for each unit.
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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 $36,245 $72,490 $108,735 $144,980
First Mortgage $688,655 $652,410 $616,165 $579,920
CMHC/GE $18,938.01 $13,048.2 $10,782.89 $0
Total Financing $707,593.01 $665,458.2 $626,947.89 $579,920
Monthly P&I $3,030.57 $2,850.11 $2,685.17 $2,483.75
Expenses $0 $0 $0 $0
Total Payment $3,030.57 $2,850.11 $2,685.17 $2,483.75
Income Required $113,646.23 $106,878.97 $100,693.84 $93,140.72

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 CHAY REALTY

226 Queen Stre , Midland, L4R 3H1, Simcoe

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style: 2-Storey
Lot Size: x 125.00(Feet)
Approximate Age: 100+
Tax: $4,869.57
Maintenance Fee: $0
Beds: 6
Baths: 3
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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