4075 County Rd 121 , Kinmount
Price
$599,000
Bedrooms4 Beds
Bathrooms5 Baths
Size2000-2500 sqft
Year Built31-50
Property TypeHouse
Property Taxes$1797.74
Maintenance FeesNot listed
Description
Live in one unit and have the other Tenants pay the Mortgage! Investment opportunity in the Heart of Kinmount. This building has been well maintained andcared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom apartment ready for occupancy. These units are a great source of income with the mix of Commercial and Residential uses. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access and a pump out is approx.$360.00. Updated electrical includes 2-200 amp panels for the building. NOI approx. $55,000per year.
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The Property Location
Mortgage Calculator
Total Monthly Payment
$2,302 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$479,200
Total Interest Payments
$295,456
Total Payment (Principal + Interest)
$774,656
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Jess Whitehead
Sales Representative
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.
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