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$1,074,000
Available - For Sale
Listing ID: X12214288
Incredible income potential with this legal 4-plex located in the highly desirable Cambridge neighbourhood, perfect for investors or multi-generational living. This well-maintained building sits on an extra large lot with a detached garage and ample parking for 8+ vehicles. The property features a spacious 3-bedroom unit with loft, two 1-bedroom units, and a 2-bedroom basement unit, each with in-unit laundry, separate hydro meters, and individual water heaters. Numerous updates have been completed by the long-time owner, ensuring the property is in excellent condition. Located close to schools, parks, downtown, restaurants, shopping, and the Speed River, with easy access to Hwy 401 and a short commute to Toyota. The impressive income potential is the standout feature here. Ideal for savvy investors who value a lucrative strategy, the potential return on investment is impressive.
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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 $53,700 $107,400 $161,100 $214,800
First Mortgage $1,020,300 $966,600 $912,900 $859,200
CMHC/GE $28,058.25 $19,332 $15,975.75 $0
Total Financing $1,048,358.25 $985,932 $928,875.75 $859,200
Monthly P&I $4,490.04 $4,222.67 $3,978.3 $3,679.89
Expenses $0 $0 $0 $0
Total Payment $4,490.04 $4,222.67 $3,978.3 $3,679.89
Income Required $168,376.39 $158,350.14 $149,186.36 $137,995.76

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CORCORAN HORIZON REALTY

17 Shaw Aven West , Cambridge, N3C 1E3, 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: Cambridge
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 180.00(Feet)
Approximate Age: 100+
Tax: $7,075
Maintenance Fee: $0
Beds: 5+2
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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