Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$2,350,000
Available - For Sale
Listing ID: E12031690
Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! Great opportunity to create Rental unit with no Development fee. Get the permit and have 100% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with 2% less than the market rate and be owner with $ 0 on the property. Great investment property. Its a an ATM machine.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $117,500 $235,000 $352,500 $470,000
First Mortgage $2,232,500 $2,115,000 $1,997,500 $1,880,000
CMHC/GE $61,393.75 $42,300 $34,956.25 $0
Total Financing $2,293,893.75 $2,157,300 $2,032,456.25 $1,880,000
Monthly P&I $9,824.57 $9,239.55 $8,704.85 $8,051.89
Expenses $0 $0 $0 $0
Total Payment $9,824.57 $9,239.55 $8,704.85 $8,051.89
Income Required $368,421.34 $346,483.07 $326,431.97 $301,946.03

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.
RE/MAX REALTRON REALTY INC.

6244 Kingston Road , Toronto, M1C 1K9, Toronto

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto E10
Neighbourhood: Centennial Scarborough
Style: Bungalow
Lot Size: x 250.87(Feet)
Approximate Age:
Tax: $5,393.28
Maintenance Fee: $0
Beds: 2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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