SoldDetached

1388 1392 Colborne Street

Name: 1388 1392 Colborne Street - Sold May 2016
Brand: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE
Price: 350000 CAD
Availability: SoldOut

Haldimand - Haldimand

1388 1392 Colborne Street

Haldimand - Haldimand

Sold For$350,000

Listed For $375,000

Sold May 2016

2 Bedrooms Bedrooms

1 Bathrooms Bathrooms

1 Garage Garage

Description

Almost 11/2 Acres Land Zoned Hwy Commercial. Tenant Operated Popular Breakfast & Lunch Rest Seat Approx. 50. Leased Until 2019. Income $31200-2016, $32400-2017, $33600-2018, $34800 - 2019. 2 Bdrm House Can Be Rented For Approx. $10000 Plus Per Annum Or Could Be Converted To Office. Many Options W/Hwy Commercial Zoning. Opportunity To Build Out Or Add On To Create More Income. Busy Area With High Traffic Count. Tenant Plays Heat/Hydro/Water, Owner Pays Taxes!

Key facts for 1388 1392 Colborne Street

Tax$6,072.28 / 2015

Property TypeDetached, Bungalow

ParkingCarport 1 Spaces, Total Spaces

Parking FeaturesOther

BasementSeparate Entrance, Unfinished

Listing #X3420585

Days on Market--

Listing BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$1,831/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$6.7% net yield

Net Monthly Cash Flow$513

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