Price
$1,699,000
Bedrooms11 Beds
Bathrooms6 Baths
Size3000-3500 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$10967
Maintenance FeesNot listed
Welcome to your next investment opportunity. 6-Unit Multi-Plex. Below-Market Rents a fantastic investment opportunity. The property consists of a purpose built 6 unit apartment building on a large 0.219 acre lot. Unit breakdown is Five (5) 2 bed - 1 bath units and One (1) 2 bed 1 bath units. Excellent Cash Flow Potential, Prime Location, Low Vacancy Rate. This 6-unit property presents an exceptional opportunity for investors looking to add to their portfolio or start their real estate investment journey.Its below-market rents, it combines financial stability with potential for growth. Take advantage of the low-maintenance and stable income that this investment property offers. Don't miss the chance to own a Gem in today's multi residential market.Properties are in a great area, close to 401, public transit, parks, shopping and more!
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Contact MeTotal Monthly Payment
$7,018 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,359,200
Total Interest Payments
$838,030
Total Payment (Principal + Interest)
$2,197,230
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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