$349,900
6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt
1 / 9
Why?:
Health concerns
Price:
$349,900 Get Prequalified Today
BR/BA:
6 BR, 3 BA
Description:
DON'T MISS OUT.
All brick 5 level back-split on a ravine like setting with a LEVELback yard. Extensive hardwood flooring. All major expenses are done---New roof ,doors & 200 amp. service, windows, Hi-Eff. gas furnace, new A/C. Built in cent. vac. All major appliances inc. ---3 fridges. 2 kitchen ranges, 1 stack-able washer /dryer combo, 1 front load washer , 1 dryer.
Rental income for 2 bedroom apt =$12,000.00
Rental income for 1 bedroom suite=$8600.00
Both have SEPARATE entrances.
Parking for 5 cars on driveway and 1 in garage. Close to schools, churches, shopping & bus stop.
Live in the main 2 levels yourself and have most of your Mortgage covered by the tenants.----A WIN WIN situation.
Fully fenced level backyard. Wrap around deck with child proof railings , gates.
All window coverings inc. Tastefully decorated. Bright spacious entryway, good size living room, separate dining room, eat in kitchen.
Main upper 3 bedrooms with closets.Hard wood floors. Separate linen closet,4 pc. bath.
If you are TIRED of having no money at end of the month than DO NOT let this UNIQUE property SLIP THRU YOUR FINGERS..Contact me to dicuss all your options . Interest rates are NOT going to stay at HISTORIC LOWS for ever . Lock in with a 10 yr rate of 3.79% over 20 yrs. or a 5 yr. rate @2.99% amortized over 20 yrs.. Try to figure out how much you can AFFORD -- eg -- mortgage site --Go to Bank of Nova Scotia ----If a couples gross income was eg. $80,000.00 down payment of $10,600
and you only included the income from the 2 bed room apt (12,000.00) your monthly payments on a mortgage of $339,300.00 @2.99% amortized over 25 yrs. with a repayment of $1,648.12 would ACTUALLY only cost you $648.12 /month. (That is based on using ACTUAL Taxes & Heating cost of $5708.00/yr.)
If you do not need the 3rd level as a family -rec. room with the 3 pc. bath for your use than you will generate a addtional $700.00 income from the Granny/Nanny Suite which then means --ALL of YOUR MORTGAge is covered by your TENANTS.
If an INVESTOR is interested , we are willing to stay on as tenants in the upper 2 levels which we now occuppy.
This is a RARE once in a lifetime opportunity for anyone wanting to be a homeowner.
Open for dissussion and serious offers . Thanks
Property Type:
Multi-Family Residences for Sale
Sq feet:
2,750 sq. ft.
Year:
1968
Amenities:
AC, Parking, Patio/Deck, Refrigerator, Washer Dryer, Wood Floors
For sale by:
By Owner
Posted:
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Let me know if you have any questions. – Martin B.
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More About this Listing: 6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt
6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt is a Six Bedroom 3.5 Bath Multifamily Property for Sale at 674 Adelaide Ave E Oshawa L1g 2a8 in Oshawa ON. Find other listings like 6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt and listings near 674 Adelaide Ave E Oshawa L1g 2a8 by searching Oodle Marketplace for Six Bedroom 3.5 Bath Multifamily Property for Sale in Oshawa ON.
6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt is a Six Bedroom 3.5 Bath Multifamily Property for Sale at 674 Adelaide Ave E Oshawa L1g 2a8 in Oshawa ON. Find other listings like 6 Bedroom house with a LEGAL 2 bedroom income Apt. & a 1 bedroom apt and listings near 674 Adelaide Ave E Oshawa L1g 2a8 by searching Oodle Marketplace for Six Bedroom 3.5 Bath Multifamily Property for Sale in Oshawa ON.