Guelph - Dovercliffe Park/Old University
Guelph - Dovercliffe Park/Old University
Sold For$540,000
Listed For $549,900
Sold Jun 2018
Mortgage Helper or straight up Investment Property, the choice is yours!!! A completely self contained Legal registered apartment currently bringing in an income of $16,800. per year. The main level 3 bedroom unit could be owner occupied or rented for additional income. For example with 20% down, 3.6% interest rate and a 25 year amortization, payments for P/I are approx. $2,428.31. Now subtract a $1,400. per month rent income from the lower 2 Bedroom unit =( $1,028.31). Sound good? Total rental potential for this property would be approx. $36,800. income per year. Main level 3 Bedroom unit is ready for immediate occupancy. Open House Scheduled for Saturday April 14th, 2018.
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