Price
$4,400,000
Bedrooms8 Beds
Bathrooms6 Baths
SizeNot listed
Year BuiltNot listed
Property TypeHouse
Property Taxes$15652
Maintenance FeesNot listed
Two 6-plexes on a 3/4 acre lot. Site plan approval from Town of Whitby to construct an additional 5-plex and 4-plex on the excess land at the back of the property. Nine of the twelve units are below fair market rents. Vendor take back mortgage may be available on approved terms. Current net income is approximately $145,000 before debt service. For all enquiries, please do not email.
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Contact MeTotal Monthly Payment
$17,111 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,520,000
Total Interest Payments
$2,170,295
Total Payment (Principal + Interest)
$5,690,295
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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