Personal Pic

Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$760,000
Available - For Sale
Listing ID: X8246786
209 County Rd 28 , Otonabee-South Monaghan, K0L 1B0, Ontario


Attention All Investors! - Positive Cash-Flowing Property***Turnkey, Legal 5Plex***Huge Lot : 90.50Ft X 261.75Ft***4,500Sqft. Featuring 5 Self-Contained Units***8 Brs & 5 Wshrs***Tenants Pay For Their Own Utilities***Each Unit Has Their Own Hydro Meter & HWT***10-Car Parking***Apt3 Tenant Acts As Bldg. Superintendent***Hands Off Investment***All Tenants Can Be Assumed***These Purpose-Built Investment Opportunities Are Rare!***Newer Roof***Annual Rent = $56,100, Property Taxes = $4,684, House Insurance = $5,980, Net Operating Income = $45,436. See Attachments For Income/Expenses/Rent Roll.
Price $760,000
Taxes: $4684.33
Tax Type: Annual
Occupancy by: Tenant
Address: 209 County Rd 28 , Otonabee-South Monaghan, K0L 1B0, Ontario
Postal Code: K0L 1B0
Province/State: Ontario
Legal Description: Pt Lt 1 Con 1 S Monaghan Pt 1 39R473; Ot
Lot Size: 90.49 x 261.75 (Feet)
Directions/Cross Streets: County Rd 28 & County Rd 2
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 0.54
Total Area Code:  Acres
Area Influences: Major Highway  
Taxes Expense: $4684
Insurance Expense: $5980
 Management Expense: 0
 Heat Expenses: $0
 Hydro Expense:  $0
Water Expense: $0
Other Expenses: $0
Gross Income/Sales: $56100
Operating Expenses: $0
Vacancy Allowance: 0
Net Income Before Debt: $45436
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Heat Type: Baseboard
Central Air Conditioning: N
Water: Well
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX COMMUNITY REALTY INC.
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Com - Investment
Area: Peterborough
Municipality: Otonabee-South Monaghan
Neighbourhood: Rural Otonabee-South Monaghan
Style:
Lot Size: 90.49 x 261.75(Feet)
Approximate Age:
Tax: $4,684.33
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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