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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$3,199,000
Available - For Sale
Listing ID: E12084251
A fantastic investment opportunity awaits in prime East York! This fully tenanted, turnkey 6-plex in one of Toronto's most sought-after neighbourhoods is situated on a generous 75 x 100 foot lot. This property consists of five spacious 2-bedroom units and one 1-bedroom unit, providing consistent rental income with minimal upkeep. Conveniently located just steps from the TTC, schools, parks, and a short drive to the Danforth, downtown core, and Woodbine Beach. With approximately $135,000 in yearly net income, this is a low-maintenance addition to any portfolio-ideal for seasoned investors or those looking to break into the multi-residential market.
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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 $159,950 $319,900 $479,850 $639,800
First Mortgage $3,039,050 $2,879,100 $2,719,150 $2,559,200
CMHC/GE $83,573.88 $57,582 $47,585.13 $0
Total Financing $3,122,623.88 $2,936,682 $2,766,735.13 $2,559,200
Monthly P&I $13,373.96 $12,577.58 $11,849.71 $10,960.86
Expenses $0 $0 $0 $0
Total Payment $13,373.96 $12,577.58 $11,849.71 $10,960.86
Income Required $501,523.35 $471,659.3 $444,364.2 $411,032.07

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 PREMIER INC.

9-11 Bracebridge Aven , Toronto, M4C 2X6, Toronto

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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 - Multiplex
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Woodbine-Lumsden
Style: 3-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $8,247.29
Maintenance Fee: $0
Beds: 8+3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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