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$899,900
Available - For Sale
Listing ID: X12157157
Client RemarksPRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently leased for $1450/month making the total rental potential for this property close to $6000 monthly. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing opportunity!!
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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 $44,995 $89,990 $134,985 $179,980
First Mortgage $854,905 $809,910 $764,915 $719,920
CMHC/GE $23,509.89 $16,198.2 $13,386.01 $0
Total Financing $878,414.89 $826,108.2 $778,301.01 $719,920
Monthly P&I $3,762.18 $3,538.16 $3,333.4 $3,083.36
Expenses $0 $0 $0 $0
Total Payment $3,762.18 $3,538.16 $3,333.4 $3,083.36
Income Required $141,081.86 $132,680.9 $125,002.61 $115,626.06

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REVEL Realty Inc., Brokerage

94 Empire Stre , Welland, L3B 2L4, Niagara

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 - Fourplex
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style: 2-Storey
Lot Size: x 114.00(Feet)
Approximate Age: 100+
Tax: $4,224
Maintenance Fee: $0
Beds: 7
Baths: 4
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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