3967 12 Concession, Ramara, Ontario

ID#375685 | MLS# 30658254 | Listed at $749,900.00
Real Estate - Ramara -
Ted Michener
Sales Representative
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Description
MULTI FAMILY WITH STRONG INCOME AND GREAT INVESTMENT OPPORTUNITY COMES WITH 25 ACRES, ADJACENT TO THE MARGARET ORR SUB-DIVISION. 10 MINUTES FROM ORILLIA. CONSISTS OF 2 BUILDINGS ON SEPARATE WELLS. AN ADDITIONAL 32 X 75 BUILDING CURRENTLY USED AS STORAGE. THE 2 MULTI-FAMILY BUILDINGS HAVE MANY UPGRADES IN RECENT YEARS, INCLUDING BUT NOT LIMITED TO: EACH APARTMENT UPDATED, MOST NEWER WINDOWS, SOME NEWER DOORS, NEW SEPTIC SYSTEM, NEW WELLS, SOME UNITS NEW HEAT PUMP SYSTEMS. SETTING UP LAUNDRY FACILITIES ON SITE WOULD GAIN ADDITIONAL INCOME. ALSO RENTAL OF PROPERTY TO FARM OR STORE EQUIPMENT/BOATS/R.V'S. LOTS OF POTENTIAL HERE! (id:21442)
Special Features
  • Appliances Included: Refrigerator, Stove
  • Architectural Style: Multi-Unit, Other
  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Construction Style Split Level: Other
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation Type: Block
  • Heating Fuel: Other
  • Interior Size: 7226 sqft
  • Number of Stories: 2
  • Utility Water: Drilled Well, Dug Well, Well
  • Equipment Type: None
  • Features: Double width or more driveway, Crushed stone driveway, Country residential
  • Has Acreage: true
  • Sewer: Septic System
  • Ownership Type: Freehold
  • Parking Space Total: 15
  • Rental Equipment: None
  • Zoning: RU-19
Property Type Residential
Building Style Fourplex
Listing Type For Sale
Floor Space: 7226 ft.2

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: 5 YEARS VARIABLE
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $37,495 2.35% 25 Years 5 YEARS VARIABLE $3,236 $118,052
10.00%  -  $74,990 2.35% 25 Years 5 YEARS VARIABLE $3,043 $112,274
20.00%  -  $149,980 2.35% 30 Years 5 YEARS VARIABLE $2,324 $90,715
Title: 5 YEARS FIXED
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $37,495 2.69% 25 Years 5 YEARS FIXED $3,361 $121,824
10.00%  -  $74,990 2.69% 25 Years 5 YEARS FIXED $3,161 $115,822
20.00%  -  $149,980 2.79% 35 Years 5 YEARS FIXED $2,240 $88,170

Disclaimer:

These numbers are just an estimation of what your monthly mortgage payments may be. Actual fees may vary. All above rates and offers are subject to change at anytime without notice. All rates and offers OAC
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