$689,000
Status: For Sale
Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main and Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Bsmt Unit W/Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/month) + Unit 3: $1350 (Market Rent $1400/month). Gross Income: $5850/mt, Potential Gross Income: $6000/mt. Financials Attached.
| Price | :$689,000 |
| Property Taxes | :$4560.00 |
| Tax Year | :2023 |
| Bedrooms | :5 + 2 |
| No. of Rooms | :9 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Simcoe St S & Olive Ave |
| Bathrooms | :3 |
| Fuel | :Gas |
| Fireplace/Stove | :Yes |
| Living | :4.01 m x 3.05 m |
| Exterior Finish | :Alum Siding |
| Internet | :Yes |
| Parking Space | :4 |
| Basement | :Apartment |
| Garage | :None |
| Park | :Park |
| Library | :Library |
| Public Transit | :No |
| School | :No |
10 Apr, 2024
TREB #E8219304
Listed
$689000.0
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116 Summer St brings to you its latest residential development at a prime location in Durham, Ontario.
RE/MAX ROYAL PROPERTIES REALTY presents 116 Summer St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 689,000. 116 Summer St is the most luxurious Resedential nestled in Central, Durham, Ontario Canada. 116 Summer St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Detached are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 116 Summer St embody modern sophistication combined with the charm of the classic.
The residents at 116 Summer St can enjoy exclusive access to an array of top-notch area size sqft. Wait there’s more! 116 Summer St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 5+2 beds, 3 baths.
Square Yards is offering Cashback amount of $3,445 on Booking the inventory, the project is live since 18 Days, there is 4.549999999999997% Increase in Price since 2023-12-23. Durham Real Estate offers mls multiple listing service from the real estate board of Durham. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
