For Sale : Investment property, generating about $1000 monthly income
Posted on February 25, 2007 08:49 am - All Ads by this Poster - Email to friend
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Details:
- Price
- $ 359,000.00 ()
- Location
- Toronto, M2H2J1
View Map
Description:
Income generating property for sales by owner
Semi-detach house, 2 storey
Victoria Park and Finch intersection
Rented out to Seneca students
Asking 359,900.00. Negotiable
If you need help with the mortgage, I can direct you to a mortgage broker who can help you.
8 bed rooms, wired for High speed Internet
1 TV room
Single Garage, with single driveway
Walking distance to Seneca Newham campus College,.
Rented to Seneca Students
• 8 furnished bedrooms
3 full bathrooms
2 full kitchens
1 TV room
• Coin operated washer and dryer
Based on 33% down payment
Monthly positive cash flow $1185.00 ( 100% occupancy) During school
year, September to May.
Monthly positive cash flow $800.00 ( 85% occupancy) During Summer
holiday, June to August.
Includes: All Furniture, appliances & windows covering
Coin washer & Dryer
TV, VCR & DVD players
Internet wires & wireless access in all rooms
TV cable in all rooms
If you need more information, please call Dominic @ 416-885-6256
