6-plex unit located on Main Street in Alexandria. The historic building is home to two commercial units and 4 apartments, three 1 bedroom units and one 3 bedroom unit. All six units are currently occupied. This property has great investment potential. All residential units are accessible though an interior staircase and have high ceilings with a view of Mill Pond. As per form 244, 24 hr irrevocable. Cap rate 10.2% (id:28469)
Facts & features
Property
MLS® Number
X13787852
Property Type
Multi-family
Community Name
719 - Alexandria
Building
Cooling Type
Partially Air Conditioned
Heating Type
Baseboard Heaters
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft ,11 In
Size Frontage
76 Ft ,6 In
Size Irregular
Bldg=76.5 X 99.99 Ft ; 0
Size Total Text
Bldg=76.5 X 99.99 Ft ; 0
Zoning Description
C1s
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,874/mo
Ontario land transfer tax
$9,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.