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$975,000
Available - For Sale
Listing ID: X11931373
Discover a prime light industrial property at 50 Minto Rd in Palmerston, Ontario. This versatile building zoned M2, offers 6,360 square feet of space divided into three fully leased units. Unit #1 is the largest, spanning 2,360 square feet, while Units #2 and #3 each provide 2,000 square feet of functional space. Units #1 and #2 are equipped with a dedicated 100-amp breaker panel, a forced-air gas furnace for heating, and a large 14-foot-wide by 12-foot-tall garage door, making them ideal for a variety of industrial uses. Unit #3 is similar but does not include a furnace, washroom, or water. Situated on a spacious 1-acre lot, this property not only boasts excellent accessibility but also offers exciting potential for further development, making it an outstanding opportunity for investors seeking reliable rental income or businesses looking for a well-maintained light industrial facility. Contact your Realtor today to arrange a viewing or for more information about this versatile property.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $48,750 $97,500 $146,250 $195,000
First Mortgage $926,250 $877,500 $828,750 $780,000
CMHC/GE $25,471.88 $17,550 $14,503.13 $0
Total Financing $951,721.88 $895,050 $843,253.13 $780,000
Monthly P&I $4,076.15 $3,833.43 $3,611.59 $3,340.68
Expenses $0 $0 $0 $0
Total Payment $4,076.15 $3,833.43 $3,611.59 $3,340.68
Income Required $152,855.66 $143,753.62 $135,434.54 $125,275.48

This chart 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.
Royal LePage Don Hamilton Real Estate

50 Minto Rd East , Minto, N0G 2P0, Ontario


 
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At a Glance:
Type: Com - Industrial
Area: Wellington
Municipality: Minto
Neighbourhood: Palmerston
Style:
Lot Size: 138.73 x 318.93(Feet)
Approximate Age: 6-15
Tax: $10,208
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
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