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$2,900,000
Available - For Sale
Listing ID: X9514713
*** Fully Leased 15 Units Apartment Building* 90% of rents are almost half the market value!! Now the NOI=$100k, In 2025 as per vendor will rise to approximately $165K*, New Roof recently installed plus upgrading some common area and some units cost of approx. $150,000-$200,000 **This price includes an Extra approx. 16 Acres of Vacant Land* The seller has submitted a concept plan of 10 residential Lots! The buyer may propose for Rental/Retirement Building, as the demand is HIGH*** The Vendor will take back a First mortgage up to 70% at a negotiable low interest rate.
Price $2,900,000
Taxes: $19,948.36
Tax Type: Annual
Occupancy by: Tenant
Province/State: Ontario
Zoning: Hr & A1
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: 18
Total Area Code:  Acres
Area Influences: Major Highway  
Chattels: Y
Sprinklers: Y
Heat Type: Other
Central Air Conditioning: N
Sewers: Septic
Water: Well
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Last Name: *
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Email: *
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
TORONTO HOMES AND BUILDINGS REALTY INC.
Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Little Britain
Style:
Lot Size: 18.00 x 0.00(Acres)
Approximate Age:
Tax: $19,948.36
Maintenance Fee: $0
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908