Renovator Alert! This legal duplex is ready for a contractor with vision and skills. It has been gutted back to the studs and now awaits someone to rebuild it from the inside out. Sitting in a zone that allows for more density additional units can be added. It was a 2 + 2-bedroom duplex with electric and gas heat. Each unit had baseboards and gas fireplaces. Separate meters as well. Now you can create whatever you want. The bonus is the current owner will hold the first mortgage to a qualified Buyer with minimum 25% down payment and a good credit application and history. The mortgage can be held for one year while you do the renovations and then refinance and pay out the existing Owner. Buyers are warned to enter the premises under their own risk. (id:28469)
Facts & features
Property
MLS® Number
X14169690
Property Type
Multi-family
Neighbourhood
Kingscourt
Community Name
22 - East of Sir John A. Blvd
Parking Space Total
4
Building
Bathroom Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Age
51 To 99 Years
Basement Type
Crawl Space
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Block
Heating Fuel
Electric, Natural Gas
Heating Type
Baseboard Heaters, Other
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Tandem
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
136 Ft ,6 In
Size Frontage
36 Ft ,1 In
Size Irregular
36.1 X 136.5 Ft
Size Total Text
36.1 X 136.5 Ft
Utilities
Cable
Available
Electricity
Available
Sewer
Available
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
$1,328/mo
Ontario land transfer tax
$2,974 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $2,974 back on land transfer tax.