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$799,500
Available - For Sale
Listing ID: X12032515
A beautifully renovated property offering both a fantastic income stream and a wonderful place to call home. This exceptional 3-unit residence blends modern luxury with the natural beauty that surrounds it. Nestled in the serene Crow Lake community, this property is just steps away from the lake's public beach and boat ramp. Whether you're a nature lover or someone who simply enjoys peaceful surroundings, this location offers the perfect balance of tranquility and convenience. With Sharbot Lake just 15 minutes away and Westport only 20 minutes from your door, shopping and entertainment are never far. This property has undergone a comprehensive transformation with no detail overlooked. The building features new insulation throughout the walls, floors, and attic, brand-new bathrooms complete with washer/dryer in each unit, new drywall, roofing, windows, and shingles, as well as upgraded plumbing, electrical, and kitchens. Thoughtful additions include gas fireplaces, storage spaces, raised bed gardens, and a myriad of other upgrades. Each unit is a spacious 2-bedroom haven with its own privately enclosed porch and separate entrance, offering a sense of privacy and individuality. Every suite comes with its own propane tank, hot water tank, and hydro meter, adding convenience and autonomy for all. For added storage or potential creative use, there are two outbuildings-a 26' x 8'4 bunkie and a 12'7 x 17' shed with a walk-in ramp. Whether you choose to rent the all units, move in yourself, or make one space it your ideal summer retreat, this property offers unmatched opportunity. Don't miss your chance to embrace a lakeside lifestyle and a smart investment all in one (6.74% cap rate). **EXTRAS** Bunkie: 26'2 x 8'4 Shed: 12'7 x 17'
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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 $39,975 $79,950 $119,925 $159,900
First Mortgage $759,525 $719,550 $679,575 $639,600
CMHC/GE $20,886.94 $14,391 $11,892.56 $0
Total Financing $780,411.94 $733,941 $691,467.56 $639,600
Monthly P&I $3,342.44 $3,143.41 $2,961.5 $2,739.36
Expenses $0 $0 $0 $0
Total Payment $3,342.44 $3,143.41 $2,961.5 $2,739.36
Income Required $125,341.64 $117,877.97 $111,056.32 $102,725.9

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 FINEST REALTY INC., BROKERAGE

1857 Crow Lake Road , Central Frontenac, K0H 2B0, Frontenac


 
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Type: Com - Investment
Area: Frontenac
Municipality: Central Frontenac
Neighbourhood: Frontenac Centre
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Lot Size: x 295.00(Feet)
Approximate Age: 31-50
Tax: $2,372
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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