<-- style PDP --> 16 David Street, Elmwood - Multi-5 Unit for sale for $749,900
  • sold

16 David Street

Elmwood, ON, N0G 1S0 - Brockton

$749,900$000000

  • Neighbourhood

    Brockton

  • Major Intersection

  • Listed Since: 697 day(s)

  • Last update: 638 day(s) ago

Overview

  • Property Type

    Multi-5 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    5

  • Basement

    Crawl Space, Unfinished

  • Kitchen

    n/a

  • Total Parking

    10

  • Lot Size

    Available Upon Request

  • Taxes

    $5,617.08 (2024)

  • Type

    Freehold

Property Description

Property description for 16 David Street, Elmwood

This real estate property offers a unique investment opportunity with its 5 unit rental income. All units are main floor living, no stairs!, and consist of 2 bedrooms each, making them suitable for a variety of tenants and seniors. The property boasts a spacious shared backyard, providing a desirable outdoor space for residents. Additionally, ample parking is available, including a covered carport for added convenience. It is worth noting that unit #3 will be vacant upon closing, allowing for potential new renters or providing an opportunity for the owner to occupy the unit. This flexibility adds further potential to maximize rental income or the personal use of the complex.

Listed by RE/MAX Land Exchange Ltd Brokerage (Wingham)

  • MLS #

    40599420

  • Sq. Ft

    4300

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1993

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    10

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Wood Siding

  • Fireplace

    n/a

  • Roof

    Metal

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric

  • A/C

    Wall Unit(s)

  • Water

    Well

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40599420

  • Sq. Ft

    4300

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1993

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    10

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Wood Siding

  • Fireplace

    n/a

  • Roof

    Metal

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric

  • A/C

    Wall Unit(s)

  • Water

    Well

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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