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$2,500,000
Available - For Sale
Listing ID: X9768040
Attention Builders, Investors & Developers - SITE PLAN APPROVED AND READY TO BUILD!!! Zoned E-3 (High Density Multiple Dwellings) together with Design Build for 39 Units, comprised of 27 Four Storey Apartments and 12 Stacked Towns. 7 Min walking distance to Hamilton GO Centre and Downtown core. Existing home is fully rented, generating $2,582 /month, please do not go direct. House will need to be torn down in order to accommodate approved plan.
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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 $125,000 $250,000 $375,000 $500,000
First Mortgage $2,375,000 $2,250,000 $2,125,000 $2,000,000
CMHC/GE $65,312.5 $45,000 $37,187.5 $0
Total Financing $2,440,312.5 $2,295,000 $2,162,187.5 $2,000,000
Monthly P&I $10,451.67 $9,829.31 $9,260.48 $8,565.84
Expenses $0 $0 $0 $0
Total Payment $10,451.67 $9,829.31 $9,260.48 $8,565.84
Income Required $391,937.6 $368,599.02 $347,268.05 $321,219.19

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.
RE/MAX ESCARPMENT REALTY INC.

122-126 Augusta St , Hamilton, L8N 1R4, Ontario


 
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At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style:
Lot Size: 118.39 x 266.25(Feet)
Approximate Age:
Tax: $9,339
Maintenance Fee: $0
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Garage: 0
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