6 units or more for sale Kingston, ON $629,000

#101063 | 252 Conacher Dr Street

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Phone number : 647-802-1068
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6 units or more for sale details

Property type : 6 units or more

Asking Price : $629,000 CAD
No agents

Year of construction : 1973

General condition : Excellent

Zoning certificate : No

1 Bedroom : 2

2 Bedroom : 10

Taxes year : 2008

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Mortgage Calculator - Can I afford this 6 units or more

Annual and monthly costs for this 6 units or more

Costs' summary	Monthly	Annual
Mortgage
Insurance	$155.67	$1,868
Electricity	$1,514.58	$18,175
Maintenance fees	$500	$6,000
Municipal taxes	$1,593.58	$19,123
Known costs' total	$3,763.83	$45,166
Incomes' summary	Monthly	Annual
Incomes	$8,833.33	$106,000
TOTAL INCOMES	$5,069.50	$60,834

Owner's comments

12 Unit Apartmetn Building -- 9.7% CAP

10 2-bed room units and 2 1-bed room units

Great Location, Close to Highway 401.

Close to new Shopping Mall.

Well maintained

New Alarm System, New roof, Security intercom.

New Paved Parking lot

Fire inspection has been done. Fire Retrofit

Property Management in Place

Pictures
http://www.flickr.com/photos/10888732@N07/sets/72157601184452395/show/

Financial:

Asking Price : $629,000

No. of Unit: 12

Price/unit: $52,417/Unit

Gross Income: $106K /Year

Net Income: $61,034 / Year

CAP Rate: 9.7%

GRM : 5.92

Contact:
Sabrina Jin 647-802-1068
Email: sabrinaproperty@yahoo.ca

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