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16121 Island Road, Rural Scugog

Price

$749,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2500-3000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$7294.22

Maintenance FeesNot listed

Description

Charming mixed-use property on Scugog Island with incredible potential! Featuring two leased apartments and a vacant main floor retail unit. Excellent tenants. This property is ideal for an investor or a home buyer seeking supplemental income. Situated on a large country lot. Ample onsite parking and pylon sign available. Close to Lake Scugog and a short drive to Downtown Port Perry. A rare opportunity to live or invest in a desirable waterfront community.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,299 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$599,200

Total Interest Payments

$369,444

Total Payment (Principal + Interest)

$968,644

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