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$1,349,900
Available - For Sale
Listing ID: X12135141
Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4% CAP RATE! This multi-family property features six units, including five spacious 1-bedroom suites and one bachelor unit, offering strong tenant appeal and stable returns. The property provides eight dedicated parking spaces, on-site laundry, and individual storage lockers for tenant convenience. The tenants can enjoy a large, landscaped yard with a patio - ideal for outdoor relaxation and summer barbecues. Located just minutes from Fairview Park Mall, public transit including the ION LRT, and a full range of shops, restaurants, and amenities, this property is perfectly positioned for both tenant satisfaction and long-term value.
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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 $36,750 $73,500 $110,250 $147,000
First Mortgage $698,250 $661,500 $624,750 $588,000
CMHC/GE $19,201.88 $13,230 $10,933.13 $0
Total Financing $717,451.88 $674,730 $635,683.13 $588,000
Monthly P&I $3,072.79 $2,889.82 $2,722.58 $2,518.36
Expenses $0 $0 $0 $0
Total Payment $3,072.79 $2,889.82 $2,722.58 $2,518.36
Income Required $115,229.65 $108,368.11 $102,096.81 $94,438.44

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.
ROYAL LEPAGE WOLLE REALTY

24 Cait Aven , Kitchener, N2C 1G4, Waterloo

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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 - Multiplex
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style: 3-Storey
Lot Size: x 132.00(Feet)
Approximate Age: 51-99
Tax: $6,440
Maintenance Fee: $0
Beds: 6
Baths: 6
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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