Personal Pic

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: X13785124
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
Tax Type: Annual
Occupancy: Tenant
Address: 106 Lorne Avenue , Chatham-Kent, N7M 1S1, Chatham-Kent
Postal Code: N7M 1S1
Province/State: Chatham-Kent
Directions/Cross Streets: Richmond Street
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 9332.00
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Expenses Actual/Estimated: $Est
Washrooms: 0
Outside Storage: F
Heat Type: Baseboard
Central Air Conditioning: No
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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: Com - Investment
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style:
Lot Size: x 103.75(Feet)
Approximate Age:
Tax: $7,215.94
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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