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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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Bedrooms: | 8 |
Bathrooms: | 3 |
Listing Type: | House/Single Family |
Sqft | 2,460 |
Lot Size | 5,061 |
Price: | $2,198,000 |
Listed By: | Sutton Group-West Coast Realty |
MLS: | R2875474 |
Description
Excellent investment opportunity with RM7(Multi Family) zoning 1.2 SFR. Good sized lot 41 x 121 in a central location on Collingwood. Solid home in good shape. Roof has been updated in the past 5 years. Great rental income property with 4 bedrooms upstairs and 2-2 bedroom suites in the basement! Total rental is $9,000 monthly.
Taxes (2023): $7,479.40
Features
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