<-- style PDP --> 378 Adam Street, Neustadt - Multi-3 Unit for sale for $649,900
  • sold

378 Adam Street

Neustadt, ON, N0G 2M0 - West Grey

$649,900$000000

  • Neighbourhood

    West Grey

  • Major Intersection

  • Listed Since: 812 day(s)

  • Last update: 780 day(s) ago

Overview

  • Property Type

    Multi-3 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    1

  • Basement

    Walk-Up Access, Full, Finished

  • Kitchen

    n/a

  • Total Parking

    16

  • Lot Size

    Available Upon Request

  • Taxes

    $2,069.32 (2023)

  • Type

    Freehold

Property Description

Property description for 378 Adam Street, Neustadt

Recently converted into a triplex, this solid brick building has undergone extensive updates in the past 2.5 years, including kitchens, bathrooms, furnace, central air, fire-rated walls, flooring, water heater and appliances. It boasts a strong financial performance with an 8+% cap rate. Fully rented with 2 tenants month to month and one on lease. The triplex comprises two one-bedroom apartments on the main floor and one lower-level 2 bedroom unit. There is a shared laundry in the common area with extra storage. The property includes a spacious paved parking area and is situated in the quiet town of Neustadt, just minutes away from Hanover's amenities. Ideal for investors seeking a well-maintained and income-generating property.

Listed by ROYAL LEPAGE RCR REALTY Brokerage (Hanover)

  • MLS #

    40539293

  • Sq. Ft

    2688

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1986

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    16

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Propane

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40539293

  • Sq. Ft

    2688

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1986

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    16

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Propane

  • A/C

    Central Air

  • Water

    Municipal

  • 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

Property History

Property history for 378 Adam Street, Neustadt

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Sign In / Register

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Down Payment(%)*
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

Recent Sold Listings in West Grey, Neustadt

Popular Cities