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$849,900
Available - For Sale
Listing ID: X12130175
This well-maintained building in the heart of Rodney presents an excellent investment opportunity. With a Net Operating Income of $61,368 annually, the property consists of 5 residential units and 1 commercial unit. The commercial space, currently leased to a popular local restaurant serves as a strong anchor for the building's overall value. The property spans approximately 3,500 square feet on the main level, including rear garage space, offering a flexible layout for both residential and commercial tenants. Four out of the five residential units are currently tenanted, providing steady rental income. Additional features include separate hydro meters, gas heating and cooling systems, along with an updated boiler system (2022). This property combines strong income potential with a prime location in a thriving community, making it an ideal addition to any investment portfolio.
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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 $180 $360 $540 $720
First Mortgage $3,420 $3,240 $3,060 $2,880
CMHC/GE $94.05 $64.8 $53.55 $0
Total Financing $3,514.05 $3,304.8 $3,113.55 $2,880
Monthly P&I $15.05 $14.15 $13.34 $12.33
Expenses $0 $0 $0 $0
Total Payment $15.05 $14.15 $13.34 $12.33
Income Required $564.39 $530.78 $500.07 $462.56

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.
BLUE FOREST REALTY INC.

222 Furnival Road , West Elgin, N0L 2C0, Elgin

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 - Multiplex
Area: Elgin
Municipality: West Elgin
Neighbourhood: Rodney
Style: 2-Storey
Lot Size: x 122.00(Feet)
Approximate Age:
Tax: $3,754.49
Maintenance Fee: $0
Beds: 7
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


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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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