ExpiredDetached

650 Srigley Street

Name: 650 Srigley Street - Expired
Brand: RE/MAX PREMIER INC.
Price: 890000 CAD
Availability: OutOfStock

Newmarket - Gorham-College Manor

650 Srigley Street

Newmarket - Gorham-College Manor

Listed For $890,000

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Expired

5 + 1 Bedrooms Bedrooms

3 Bathrooms Bathrooms

3 Garage Garage

Description

Prime development opportunity in the heart heart of Newmarket, just 2 minutes from Davis Drive and close to Newmarket General Hospital. This 18, 794 sq ft site at 650-654 Srigley Street offers over 20 lots with potential for townhomes, affordable rental buildings, and more. Eligible for CMHC financing, it's ideal for generating strong monthly rental income while planning future development. A turnkey investment in a high-demand area with excellent growth potential.

Key facts for 650 Srigley Street

Tax$4,850 / 2024

Property TypeDetached, 1 1/2 Storey

Lot Size140.8 x 87.4 Feet

Size2000-2500 ft²

ParkingDetached 3 Spaces, Total 10 Spaces

BasementApartment

Listing #N12477786

Days on Market--

Listing BrokerageRE/MAX PREMIER INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

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Cash Flow Analysis

Est. Mortgage Payment

$4,346/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$6.6% net yield

Net Monthly Cash Flow$1,050

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(866) 511-7171

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