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$3,900,000
Available - For Sale
Listing ID: X9419647
23 unit building built in 1993. Comprised of 8 x 1 Bed, 15 x 2 Bed. 6.2% cap rate with full expenses for Maintenance, Super, Vacancy and Management. Currently self managed. Significant upside on current rents. Tenants pay own hydro. 30 Parking Spots. Great location close to all amenities.
Price $3,900,000
Taxes: $42,296
Tax Type: Annual
Occupancy by: Tenant
Address: 55 MCALPINE Ave South , Welland, L3B 1T7, Ontario
Postal Code: L3B 1T7
Province/State: Ontario
Legal Description: PLAN 40,LOT815-LOT818,LOT996 TO LOT 998,
Lot Size: 90 x 238 (Feet)
Directions/Cross Streets: Near: EAST MAIN ST
Zoning: RM4
Category: Apartment
Use: Apts-Over 20 Units
Building Percentage: Y
Total Area: .58
Total Area Code:  Acres
Taxes Expense: $42296
Insurance Expense: $9710
 Hydro Expense:  $8335
Water Expense: $18137
Gross Income/Sales: $363024
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: N
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.
MYSAK REALTY INC.

55 MCALPINE Ave South , Welland, L3B 1T7, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
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Lot Size: 90.00 x 238.00(Feet)
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Tax: $42,296
Maintenance Fee: $0
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