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$699,000
Available - For Sale
Listing ID: X8179200
FOR SALE iIS A UNIQUE OPPORTUNITY TO OWN A COMMERCIALLY ZONED BUILDING WITH AN EXCEPTION OF A RESIDENTIAL TRIPLEX . ALL UNITS ARE TENANTED AND COMES FULLY FURNISHED, PERFECT FOR INVESTMENT. ATTENTION INVESTORS, IF YOU'RE LOOKING FOR A TURN-KEY,FULLY RENTED TRIPLEX IN THE BEAUTIFUL TOWN OF PETROLIA. BUILDINGS LIKE THIS DON'T COME ONTO THE MARKET EVERY DAY. ALL FLOORS ARE CONCRETE AS THE BUILDING WAS BUILT AS A COMMERCIAL BUILDING. IT OFFERS 3 UNITS. UNIT 1 HAS 3 BEDROOMS, 1 BATHROOM & IS OPEN CONCEPT. UNIT 2 HAS 2 BEDROOMS & 1 BATHROOM & STORAGE. UNIT 3 HAS 1 BEDROOM, 1 BATHROOM & OPEN CONCEPT. UPPER & LOWER LEVELS HAVE INDIVIDUAL HEATING, AIR CONDITIONING & HYDRO SYSTEMS, & ARE METERED SEPARATELY. ROOF, FURNACE & CENTRAL AIR HAVE ALL BEEN UPDATED. THIS BUILDING MAKES $4200/MO. COIN-OPERATED WASHER & DRYER.
Price $699,000
Taxes: $4,216.06
Tax Type: Annual
Occupancy by: Tenant
Address: 425 Wingfield St , Petrolia, N0N 1R0, Ontario
Postal Code: N0N 1R0
Province/State: Ontario
Lot Size: 100 x 58.76 (Feet)
Directions/Cross Streets: Walnut St
Zoning: C1
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 6,200
Total Area Code:  Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Approximatly Age: 31-50
Taxes Expense: $4216
Insurance Expense: $1850
Gross Income/Sales: $49200
Net Income Before Debt: $43134
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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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 $ $ $ $
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GATE GOLD REALTY

425 Wingfield St , Petrolia, N0N 1R0, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Lambton
Municipality: Petrolia
Neighbourhood: Petrolia
Style:
Lot Size: 100.00 x 58.76(Feet)
Approximate Age: 31-50
Tax: $4,216.06
Maintenance Fee: $0
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