Price
$850,000
Bedrooms7 Beds
Bathrooms3 Baths
Size3000-3500 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$5795.73
Maintenance FeesNot listed
Income property with three self-contained apartments: one 3-bedroom unit and two 2-bedroom units. The main floor apartment, formerly an ice cream parlour, boasts 12 foot ceilings, original hardwood flooring, and a full renovation while maintaining its character. A second main floor unit offers a cozy 2 bedroom layout. The upper level apartment features three bedrooms and access to a fenced-in yard. Each unit has its own laundry, furnace, and hot water tank. The property includes three separate hydro meters, two parking spaces per unit, and an attached garage designated as commercial space (currently unused). Recent updates include furnaces, electrical, plumbing, windows, roof shingles, air conditioning, and hot water tanks. A++ tenants in place, however main floor tenants are likely to be moving soon due to job relocation. Conveniently located just 10 minutes from Port Perry. One of the renters acts as property manager for reduced rent. Total rent $4770 per month, tenants pay their own utilities.
Dimensions
3.65' × 3.04'
Features
broadloom, window
Dimensions
2.4' × 2.4'
Features
Tile Floor
Dimensions
3.65' × 3.04'
Features
broadloom, window
Dimensions
5.5' × 3.7'
Features
hardwood floor, large window, combined w/kitchen
Dimensions
3.04' × 3.04'
Features
broadloom, window
Dimensions
6.09' × 4.6'
Features
Window
Dimensions
3.65' × 3.05'
Features
tile floor, eat-in kitchen
Dimensions
5.5' × 3.7'
Features
heated floor, eat-in kitchen, combined w/living
Dimensions
3.65' × 3.65'
Features
Dimensions
3.04' × 3.04'
Features
Dimensions
3.6' × 3.6'
Features
Dimensions
1.9' × 3.04'
Features
Window
Dimensions
5.5' × 3.7'
Features
hardwood floor, large window, combined w/kitchen
Dimensions
6.09' × 4.6'
Features
Window
Dimensions
3.6' × 3.6'
Features
Dimensions
1.9' × 3.04'
Features
Window
Dimensions
3.65' × 3.05'
Features
tile floor, eat-in kitchen
Dimensions
5.5' × 3.7'
Features
heated floor, eat-in kitchen, combined w/living
Dimensions
3.65' × 3.04'
Features
broadloom, window
Dimensions
2.4' × 2.4'
Features
Tile Floor
Dimensions
3.65' × 3.04'
Features
broadloom, window
Dimensions
3.65' × 3.65'
Features
Dimensions
3.04' × 3.04'
Features
broadloom, window
Dimensions
3.04' × 3.04'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$3,537 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$680,000
Total Interest Payments
$419,262
Total Payment (Principal + Interest)
$1,099,262
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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