SoldFourplex

1296 Sorrel Road

Name: 1296 Sorrel Road - Sold May 2013
Brand: KINGSWAY REAL ESTATE BROKERAGE, BROKERAGE
Price: 585000 CAD
Availability: SoldOut

London East - East D

1296 Sorrel Road

London East - East D

Sold For$585,000

Listed For $649,900

Sold May 2013

3 + 1 Bedrooms Bedrooms

15 Bathrooms Bathrooms

0 Garage Garage

Description

WowTurnkey Income Awaits You In London. This Fourplex Generates Over $70K+ Rental Income Annually, With Net Income Of $52K+ (Before Mtg. Interest).Four Semis (1296,1298,1300,1302). Property Pays For Itself Leaving A Healthy Income For The Investor. Long Term Aaa Tenants. Current Owner Takes Great Care Of The Properties. Management Available For Absentee Ownership At A Minuscule Cost. Don't Let This Pass You!

Key facts for 1296 Sorrel Road

Tax$4,172.16 / 2012

Property TypeFourplex, 2-Storey

Parking FeaturesPrivate

BasementFinished

Listing #X2643998

Days on Market--

Listing BrokerageKINGSWAY REAL ESTATE BROKERAGE, BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

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

Speak with a Mortgage Specialist

Cash Flow Analysis

Est. Mortgage Payment

$3,174/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$2.7% net yield

Net Monthly Cash Flow-$1,526

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Looking for something like this?

No Similar Properties Found

We couldn't find other active listings in this specific criteria right now.