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$775,000
Available - For Sale
Listing ID: S12090789
Could this be your chance to step onto the investment ladder or maybe a smart move for a move-up buyer where you live in one unit and rent the other two? Located in a nice central location but at the end of a dead-end street, this property offers not only three legal units but a good-sized yard. Could you add a fourth unit? The original house has been converted into two apartments, with the upper unit having been recently fully renovated and the basement unit offering a good-sized living space. This property also has a fully detached one-bed garden suite with a long-term tenant who would like to stay. This lot is large by today's standards, offering a 67 x 165 feet yard. Plenty of space for the budding entrepreneur. There is also a commercial-grade coin-operated washer and dryer for extra income. Close by is access to Highway 400, Anne Street and Essa Road. The property is approximately a 10-minute walk to Kempenfelt Bay with everything that a fantastic beach setting has to offer. You could also walk to the Downtown GO station in approximately 10 minutes, providing many commuting options to Toronto. The property has been well managed, and there are no issues with the current Tenants. Full financials are available, including proof of the legality of the three units.
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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 $154,950 $309,900 $464,850 $619,800
First Mortgage $2,944,050 $2,789,100 $2,634,150 $2,479,200
CMHC/GE $80,961.38 $55,782 $46,097.63 $0
Total Financing $3,025,011.38 $2,844,882 $2,680,247.63 $2,479,200
Monthly P&I $12,955.89 $12,184.41 $11,479.29 $10,618.22
Expenses $0 $0 $0 $0
Total Payment $12,955.89 $12,184.41 $11,479.29 $10,618.22
Income Required $485,845.85 $456,915.34 $430,473.48 $398,183.3

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

72 CAMPBELL Aven , Barrie, L4N 2T4, Simcoe

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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 - Triplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Allandale
Style: 1 1/2 Storey
Lot Size: x 165.00(Feet)
Approximate Age: 51-99
Tax: $5,454
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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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