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1900 Simcoe Street, Samac

Price

$228,000

BedroomsNot listed

Bathrooms1 Baths

Size0-499 sqft

Year BuiltNot listed

Property TypeCondo

Property Taxes$2291

Maintenance Fees$291/month

Description

This exceptional turnkey investment is strategically located just steps from Durham College and Ontario Tech University, making it an ideal choice for student renters. Thoughtfully designed for modern living, the unit features sleek furnishings, large windows that invite abundant natural light, a space-saving Murphy bed, a versatile workspace, a cozy living area, and the convenience of ensuite laundry.Residents enjoy top-tier amenities, including round-the-clock security monitoring, fully equipped communal kitchens and social lounges on each floor, and a state-of-the-art fitness centerall fostering a vibrant student community. With building insurance covered, investors can benefit from hassle-free ownership while capitalizing on the property's strong rental demand and high appeal to discerning students.Don't miss this unparalleled opportunity to invest in a high-demand location!

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$0 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$182,400

Total Interest Payments

$112,461

Total Payment (Principal + Interest)

$294,861

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

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.

Let's Find Your Dream Home Together