Price
$1,050,000
Bedrooms8 Beds
Bathrooms6 Baths
Size2500-3000 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$8164
Maintenance FeesNot listed
Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 180 Nassau is for Sale MLS E12117678. Properties can be Purchased Together or Separately. Properties are in a great area, close to 401, public transit, parks, shopping and more
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Contact MeTotal Monthly Payment
$4,453 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$840,000
Total Interest Payments
$517,912
Total Payment (Principal + Interest)
$1,357,912
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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