<-- style PDP --> 243 Main Street, Minto - Multiplex for sale for $1,750,000
  • sold
  • leased

243 Main Street

Minto, Ontario, N0G 2P0 - Palmerston

$1,750,000$000000

  • Neighbourhood

    Palmerston

  • Major Intersection

    Norman St To Main St E

  • Listed Since: 1293 day(s)

  • Last update: 1218 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    6 + 6

  • Bathrooms

    12

  • Basement

    Full + Part Fin

  • Kitchen

    6

  • Total Parking

    10.0 (4.0 Attached Garage)

  • Lot Size

    131.99x122.00 (Feet)

  • Taxes

    $6,182.47 (2022)

  • Type

    Freehold

Property Description

Property description for 243 Main Street, Minto

Presenting 243 Main St. E. Palmerston. A Multi-Family Six-Plex Full Of Opportunity And Investment Potential. With A Rich History, The Home And Property Were Originally Owned By The United Church And Was Later Transformed Into A Purpose-Built, Rental Building That Has Been Meticulously Maintained By The Original Owners Who Occupied One Of The Units In The Building. Located Just Steps To Main St. Shops, Restaurants And Lion's Community Park, The Quintessential Small-Town Feel Is Alive And Well. This Turnkey Property Is Available Immediately And Has Been A Desired Residence For Tenants In The Area, And Has Had A Zero Vacancy Rate Since Being Built In 1996. Current Rents, Are Approximately $100,000/Year With The Potential To Increase By $20,000-$30,000 As Tenants Turn Over And New Market Rents Are Introduced. The Building Totals Over 8,000 Sq. Ft. And Each Unit Is A Generous Size. All Six Units Are Two Bedroom, Two Bathroom, With Spacious Living, Dining, Kitchens, In-Suite Laundry.

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

  • MLS #

    X6022903

  • Sq. Ft

    Available Upon Request

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    Attached, 4.0 spaces

  • Total Parking

    10.0

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    n/a

  • MLS #

    X6022903

  • Sq. Ft

    Available Upon Request

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    Attached, 4.0 spaces

  • Total Parking

    10.0

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    n/a

Thinking of Selling?

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

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estimate your home value

Contact Manoj Kukreja

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

Manoj profile avatar

Property History

Property history for 243 Main Street, Minto

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2023-06-25
$1,699,431
---

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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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