350 St Philippe Street
609 - Alfred / Alfred and Plantagenet, ON K0B 1A0
About This Property
Excellent opportunity to own a mixed-use income property featuring the well-established Milano Pizza restaurant including a big storage room along with three residential units consisting of one bachelor apartment and two two-bedroom apartments. The commercial space and 2 residential units is occupied by a long-term tenants, providing stable income. One residential unit is currently vacant, giving the new owner the flexibility to set the rental rate at today's market value and increase the property's income potential. The building is heated with natural gas forced-air heating, electric and propane. It offers an attractive opportunity for investors looking to expand their portfolio with a property that combines steady commercial income and residential rental revenue.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13557420
Listed by EXIT REALTY MATRIX
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
$2,441
/month · $399,920 mortgage
Amortization
Total Interest
$332,403
Total Cost
$732,323
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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