TerminatedMultiplex

308-310 Cannon Street

Name: 308-310 Cannon Street - Terminated Sep 2018
Brand: RE/MAX REALTY SPECIALISTS INC., BROKERAGE
Price: 1485000 CAD
Availability: OutOfStock

Hamilton - Landsdale

308-310 Cannon Street

Hamilton - Landsdale

Listed For $1,485,000

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Terminated Sep 2018

9 + 3 Bedrooms Bedrooms

13 Bathrooms Bathrooms

0 Garage Garage

Description

Legal & Fire Retrofitted 13 Unit L-Shape Multiplex On Prime Central Hamilton Corner Lot-Rare Find! Running At 5.25% Cap W/Gross Annual Income $117,114 (Net $79,612 After Taxes, Ins, Common Util, Superintendent & Laundry Rental). 10 X 1 Bed/2 X Studio/1 X 2 Bed-All Units Rented & Separate Metered For Hydro. Fenced Backyard For Shared Tenant Space, On Site Coin Op Laundry. Separate Mechanical Room.

Key facts for 308-310 Cannon Street

Tax$18,329.14 / 2017

Property TypeMultiplex, 2 1/2 Storey

Lot Size66 x 62 Feet

Parking FeaturesNone

BasementPartially Finished

Listing #X4139598

Days on Market--

Listing BrokerageRE/MAX REALTY SPECIALISTS INC., BROKERAGE

Data SourcePROPTX

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(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

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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

$7,251/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.5% net yield

Net Monthly Cash Flow-$6,378

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