This 3 sentence summary provides the key details about a 6-unit apartment property located in Brock, Ontario:
The property at 1404 Durham Road 50 is a 5,609 square foot building with 6 rental apartments that generates approximately $30,000 in annual net income and is listed for sale at $424,900; it is located 33 km north and east of Sutton near the Trent/Severn Waterway and was last renovated in 1997. The listing agent should be contacted for more information such as the income and expense list.
Stratus Reports Income Property Investment Opportunity
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Prepared by MICHAEL WAI LAI, Salesperson
HOMELIFE/RESPONSE REALTY INC., BROKERAGE
4312 Village Centre Court, Mississauga, ON L4Z1S2
905-949-0070
2/3/2012 8:29:00 PM
1404 Durham Road 50 List: $424,900 For Sale
Brock, Ontario L0K1A0 Durham Rural Brock Sale
Dir/Cross St: Highway 12 & Durham Road 50 DOM: 11 Last Status: New
Pt Lot 10, Con 10 Thorah As In D487799; Brock Taxes: $6,857/2011/Annual
Investment Lease Term:
Apartment Freestanding: Y Holdover: 90
Apts-6 To 12 Units Occup: Tenant SPIS: N --
Possession: Immediate Tba Franchise: N
Commercial Condo Fees:
MLS#: N2271188 Seller: Doug Hulton (Mortgagee In Possession) Contact After Exp: N
PIN#:
Survey:
Total Area: 5,609 Sq Ft Lot/Bldg/ 112X112 Feet Lot
Ofc/Apt Area: 6 % Unit/Dim:
Indust Area: 0 % Lot Irreg:
Soil Test:
Retail Area: 0 % Crane:
Outside Storage:
Apx Age: Bay Size:
Rail: N
Volts: %Bldg:
Basement:
Amps: Washrooms:
Elevator: None
Zoning: S.S.H C2 Water: Well
UFFI: Yes
Truck Level: 0 Water Supply: Dug Well
Assessment:
Grade Level: 0 Sewers: Septics
Chattels: N
Drive-In: 0 A/C: N
LLBO: N
Double Man: 0 Utilities: Y
Days Open: V
Clear Height: Garage Type: Double Detached
Hours Open:
Sprinklers: N Park Spaces: #Trl Spc:
Employees:
Heat: Propane Gas Energy Cert:
Seats: 0
Phys Hdcap-Equip: Cert Level:
GreenPIS:
Bus/Bldg Name: For Year: 2011 Financial Statement: Y
Actual/Estimated: Act
Taxes: Heat: Gross Inc/Sales: Est Value Inv At Cost:
Insur: Hydro: - Vacancy Allow: Com Area Upcharge:
Mgmt: Water: - Operating Exp: Percentage Rent:
Maint: Other: = Net Income B4 Debt: $32,000
Remarks For Clients: 33 Km North And East Of Sutton. Income Producing 6 Plex. Close To Trent/Severn Waterway. 1-3 Bdrm, 3 - 2
Bdrm, 2 - 1 Bdrm Apartments. Renovations Done In 1997 Annual Net Income Approximately $ 30,000.00 Pa 7% Cap. Contact Listing
Agent For Income Expense List.
Remarks for Brokerages: Do A Drive By But Do Not Bother Tenants. **No Showings - Make Offers Conditional On Inspection After
Acceptance Of Offer.** Income Producing Property Has 2 Vacant Units. Please Download Schedule 'B' And Attach To All Offers.
Contact La For Income Expense List.
Mortgage Comments:
ROYAL LEPAGE AT YOUR SERVICE REALTY, BROKERAGE 905-836-6315 Fax: 905-836-6327
8 Bradford Street, Holland Landing L9N1L7
GARY M. GARBE, FRI CPM, Salesperson 905-836-6315
Appts: Tlbo
Contract Date: 1/23/2012 Condition: Ad: N
Expiry Date: 3/30/2012 Cond Expiry: Escape:
Last Update: 1/23/2012 CB Comm: 3% Plus Hst Less $ 25. Mktg Fee Original $: $424,900
Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2012
http://www.torontomls.net/search/Rpt_BF_P.asp?picN2271188=1 2/3/2012