SoldTriplex

65 Colborne Street

Name: 65 Colborne Street - Sold Jun 2024
Brand: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Price: 415000 CAD
Availability: SoldOut

Norfolk - Simcoe

65 Colborne Street

Norfolk - Simcoe

$399,999

Sold For$415,000

Listed For $449,999

Sold Jun 2024

6 Bedrooms Bedrooms

3 Bathrooms Bathrooms

0 Garage Garage

Description

Great investment property to add to your portfolio. Three units all separately metered for hydro, gas, and water. Perfect property to live in one unit and rent out the rest to offset the high costs of living. Main floor is a spacious 2 bed 1 bath unit with a rear balcony. 2nd floor is a big 3 bed1 bath unit that is vacant and ready to be rented at market rent. 3rd floor is a great size 1 bed 1bath unit. Location is perfect for tenants being central in Simcoe and close to parks, hospital, restaurants and all within walking distance. Basement is unfinished with extra potential.

Key facts for 65 Colborne Street

Tax$2,440 / 2023

Property TypeTriplex, 2 1/2 Storey

Lot Size112.17 x 33 Feet

Size2000-2500 ft²

ParkingNone Spaces, Total 2 Spaces

Parking FeaturesMutual

BasementFull, Unfinished

Listing #X8220380

Days on Market--

Listing BrokerageROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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.

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Cash Flow Analysis

Est. Mortgage Payment

$2,259/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$6.8% net yield

Net Monthly Cash Flow$538

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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