30-32 Main Street
Newmarket, ON L3Y 3Y3
About This Property
An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a Three 2 bedroom one washroom residential units 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, also all the units have their own AC, furnace and water heater owned by seller and all the residential units have their own separate laundry, 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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12856412
Listed by REMAX YOUR COMMUNITY REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$32,619
/month · $5,344,000 mortgage
Amortization
Total Interest
$4,441,796
Total Cost
$9,785,796
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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