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- Mortgage Info
INVESTOR ALERT DO YOU HAVE $135,000 IN HOME EQUITY CURRENTLY AND WANT TO ELEVATE YOUR PORTFOLIO TO THE NEXT LEVEL. Finance your current home with a LOC at 1.35% variable rate and buy this well maintained and tenanted property in Old Ottawa East the hottest neighbourhood with values increasing monthly. This fabulous three storey semi-detached duplex has long term tenants in place and the property is in mint condition. Low maintenance home with low maintenance tenants. Purchase price of $679,900 minus the down of $135,000 gives you a manageable mortgage payment of $1837.00 a month with a low interest variable rate of 1.35%. Total carrying cost for heat, hydro and taxes puts your total monthly expenditure at $2341.38. Tenants are paying $2523.00 a month. After five years you will have paid down $77,097. Your tenants have made you $77,097 dollars. (id:10452)
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|Days On Our Website||52|
|Basement||Finished - Full (Finished)|
|Lot Dimensions||14.01 ft X 99 ft|
|Heating||Natural gas - Forced air|
|Sewers||Municipal sewage system|
Listing Office: TRACY ARNETT REALTY LTD.
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