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$645,000
Available - For Sale
Listing ID: X12091669
This unique Residential/Commercial (C3 Zoning) mixed use property is perfect for investors, multi-generational families or anyone looking to offset their personal living costs or run their business from home.The front home is a renovated and charming, character-filled century house featuring a cozy three-season front porch and a private patio seating area in the back. Inside, you'll find a bright, open-concept kitchen that flows seamlessly into the living room. The main floor also includes a convenient 3-piece bathroom. Upstairs, there are two spacious bedrooms and a full 4-piece bathroom. Over the recent years, the owners have made several important updates including a new natural gas furnace (2021), vinyl siding and metal roof. This unit also includes all kitchen appliances and in-suite laundry with a washer and dryer. At the rear of this open and level property conveniently separated with generous sized parking area is a renovated, steel sided and roofed, 1720 sq ft 1-level dwelling or potential commercial space. This unit offers tall ceilings and an abundance of natural light throughout. It features three bedrooms, one 3-piece bathroom, and a 3-piece ensuite. Additional highlights include a fireplace, a large modern kitchen, laundry, brand new natural gas furnace (2025) and a storage garage. Both units are close walking distance to grocery stores, dining, parks, and downtown Gravenhurst. The property is currently fully tenanted. The front century home is rented at $1,489/month plus utilities, and the rear bungalow is rented at $2,150/month plus utilities.
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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 $32,250 $64,500 $96,750 $129,000
First Mortgage $612,750 $580,500 $548,250 $516,000
CMHC/GE $16,850.63 $11,610 $9,594.38 $0
Total Financing $629,600.63 $592,110 $557,844.38 $516,000
Monthly P&I $2,696.53 $2,535.96 $2,389.2 $2,209.99
Expenses $0 $0 $0 $0
Total Payment $2,696.53 $2,535.96 $2,389.2 $2,209.99
Income Required $101,119.9 $95,098.55 $89,595.16 $82,874.55

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 Professionals North

950 Muskoka Road South , Gravenhurst, P1P 1K3, Muskoka


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style:
Lot Size: x 165.00(Feet)
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Tax: $5,634.98
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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