Sales Representative
Price
$6,680,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
8854 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$20000
An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a two bedroom residential in second floor and four commercial unit facing the street on main floor. All the units have their own power meter and gas meter that the tenant pays utility by themselves not the owner, with the gross income of $377,742 HST included.This property is a unique property in the area with engine of money making must see. All the tenants are solid and good and they are on 3 to 5 years term lease also willing to stay. There is potential to add some floor on the top because the newly structure they put on property strong enough to allow that although with city permit.
Access detailed sale and tax history information
Total Monthly Payment
$25,664 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$5,344,000
Total Interest Payments
$3,294,902
Total Payment (Principal + Interest)
$8,638,902
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.
