Well, maintain a solid 15 unit building, which includes 6 2 bedrooms, 8 1 bedrooms, and 1 bachelor apartment.


Property

Website:https://www.nestseekers.com/5705008
Address:
Lower Town - Sandy Hill K1N 5E3
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C4,199,000
($3,034,500)
(€2,601,200)
Annual Taxes:C34,406

Description

Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in 2010 years including bathrooms and kitchen. The roof was redone in 2008, All units are above ground with 8 covered parking and 4 surface parking spaces. in the Mortgage Details: CMCH 1st Mortgage /new first mortgage June 01, 2026 amount $3,083,000.00 40 year amortization, 10 year term , rate 4.3% due in 2036 June ( principal payments $2,388.53, Interest Payments $ 10,989.47 ) gross Income yearly $303,040.00 , total expenses $94,230 including vacancies , management taxes insurance, utilities maintenance $94,230 ,00 Net income $207,014.00

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario