SoldDetached

3 HIGHWAY 531

Name: 3 Highway 531 - Sold Jun 2022
Brand: ENGEL & VOLKERS PARRY SOUND, BROKERAGE
Price: 500000 CAD
Availability: SoldOut

Bonfield - Bonfield

3 Highway 531

Bonfield - Bonfield

Sold For$500,000

Listed For $549,800

Sold Jun 2022

4 + 2 Bedrooms Bedrooms

4 Bathrooms Bathrooms

0 Garage Garage

Description

Attention investors Rare opportunity to own a 4-unit (three one-bedroom & one two-bedroom - vacant) income property while sitting on approx. 2.3 acres of property along Highway 17 just outside North Bay. 4.5% cap rate. All tenant's are currently on a month to month lease. Live in the one vacant unit and collect income from the other three units. Accessible location, nine minutes to North Bay and 3.5 hours to Toronto. Brick structure is in great shape. The property borders beautiful Kaibuskong River.

Key facts for 3 HIGHWAY 531

Tax$2,499.72 / 2022

Property TypeDetached, Bungalow

Size1500-2000 ft²

ParkingNone Spaces, Total 6 Spaces

Parking FeaturesPrivate

BasementFinished, Full

Listing #X11230522

Days on Market--

Listing BrokerageENGEL & VOLKERS PARRY SOUND, BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$2,685/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$5.0% net yield

Net Monthly Cash Flow-$143

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(866) 511-7171

info@realtris.ca

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