SoldMultiplex

277/279 Prospect Street

Name: 277/279 Prospect Street - Sold Jan 2023
Brand: RE/MAX REALTRON REALTY INC., BROKERAGE
Price: 1650000 CAD
Availability: SoldOut

Newmarket - Central Newmarket

277/279 Prospect Street

Newmarket - Central Newmarket

Sold For$1,650,000

Listed For $1,680,000

Sold Jan 2023

9 + 4 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

Value Value Value! An Incredible Opportunity To Own A 5-Unit Multiplex In An Ideal Downtown Newmarket Location Grossing Over 100K Yearly In Rent. Three 3-Bedroom Units, One 2-Bedroom And One 1-Bedroom Basement Apartment Make Up This Massive Dwelling, Almost 4000 Sq Ft (Mpac). All Units Are Tenanted With 2 Of The Units Recently Signing Leases At Current Rates. Units Are In Great Condition With Many Recent Upgrades Including Kitchens, Bathrooms, Flooring. Don't Let This Rare Opportunity Pass You By!

Key facts for 277/279 Prospect Street

Tax$7,449.67 / 2022

Property TypeMultiplex, 2-Storey

Lot Size178.43 x 84.5 Feet

Size3500-5000 ft²

ParkingNone Spaces, Total 10 Spaces

Parking FeaturesPrivate

BasementApartment, Separate Entrance

Listing #N5813643

Days on Market--

Listing BrokerageRE/MAX REALTRON REALTY INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$8,204/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.5% net yield

Net Monthly Cash Flow-$5,844

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(866) 511-7171

info@realtris.ca

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