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$940,000

Jul 3Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12259134

20-28 Carraway Crescent, South Dundas, ON K0C 1X0

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Average Price
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 20-28 Carraway Crescent

RESIDENTIAL 5-PLEX with below market rents creating lots of potential upside for the patient investor. Each of the 5 townhomes have a separate PIN identifications (see Document section) with the required R-Plan legal survey, but the Estate's listing condition(s) state that the property will only be sold as a block of 5-three bedroom residential units; the buyer/investor must assume all tenants; the Estate will not serve any Notices on behalf of a buyer under any circumstance under RTA; once the potential buyer has reviewed the I/E statement provided by the Estate it will be possible to inspect just one of the townhomes (all units have same typical layouts); and finally once a conditional offer is accepted by the Estate all units will be made available for inspection provided the RTA guidelines are respected for additional showings. The estimated net cash flow for the 5 units before any debt service or depreciation in 2024 is estimated to be approximately $20,700 based on current rents and expenses (see your agent for further details). Seller requires "As Is" SPIS signed & submitted with all offer(s) and requires 3 full business days irrevocable to review any/all offer(s).

Home Overview

Last updated

Jul 7

Virtual tour

None

Basement information

Building size

5490

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by CAMERON REAL ESTATE BROKERAGE

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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