SoldDetached

5 Wright Drive

Name: 5 Wright Drive - Sold Mar 2024
Brand: KELLER WILLIAMS REALTY CENTRES
Price: 1145000 CAD
Availability: SoldOut

East Gwillimbury - Holland Landing

5 Wright Drive

East Gwillimbury - Holland Landing

$1,299,900

Sold For$1,145,000

Listed For $1,199,900

Sold Mar 2024

3 + 1 Bedrooms Bedrooms

2 Bathrooms Bathrooms

3 Garage Garage

Description

Investors !! Income plus in this 4 Level Split on huge private fenced lot in quiet enclave. Presently used as a Group Home with long term lease in place. Generates $7727.92/mnth +HST=$8732.55, + $3174.45 on 2nd loan (Total 11,907/mnth)Lease in place until Feb 2025 with tenants option to renew for further 5 year term (with 10% increase to $8500.70/mnth+HST). 2nd loan will be paid off upon renewal (Matures Mar 5 2025). 3rd Garage Bay Converted to Office, Easy Conversion back.

Key facts for 5 Wright Drive

Tax$6,526.95 / 2023

Property TypeDetached, Sidesplit 4

Lot Size151.4 x 100.72 Feet

Size1500-2000 ft²

ParkingAttached 3 Spaces, Total 9 Spaces

Parking FeaturesPrivate

BasementUnfinished

Listing #N7384094

Days on Market--

Listing BrokerageKELLER WILLIAMS REALTY CENTRES

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Est. Mortgage Payment

$5,859/mo

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Maint. / Fees

Est. Rental Income

$2.9% net yield

Net Monthly Cash Flow-$2,602

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