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Sonia Chin

Broker
Re/Max Realtron Realty Inc., Brokerage Independently owned and operated. 182 SHEPPARD AVENUE WEST, Toronto, Ontario M2N1M8 Cell: 416-891-7836Office: 416-222-2600

$749,999
Available - For Sale
Listing ID: X13785134
106 Lorne Avenue , Chatham-Kent, N7M 1S1, Chatham-Kent


125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. Scheduled tours to see all units will take place Sunday September 20th from 12-2pm. Please confirm attendance.
Price $749,999
Taxes: $7215.94
Occupancy: Tenant
Address: 106 Lorne Avenue , Chatham-Kent, N7M 1S1, Chatham-Kent
Directions/Cross Streets: Richmond Street
Rooms: 23
Bedrooms: 11
Bedrooms +: 0
Family Room: F
Basement: Finished, Full
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Concrete
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Other
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator 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.
MYSAK REALTY INC.
Personal Picture
Sonia Chin
Broker
Dir:
416-891-7836
Bus:
416-222-2600
 
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At a Glance:
Type: Freehold - Multiplex
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style: 2 1/2 Storey
Lot Size: x 103.75(Feet)
Approximate Age:
Tax: $7,215.94
Maintenance Fee: $0
Beds: 11
Baths: 6
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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