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Great Investment Property

148 Clara St -

A Great Starter Investment Or Add Into Your Portfolio. Rarely Vacant, Repairs Have Been Kept Up, Easy To Maintain/Manage. Basement Consists Of: Living Room, Kitchen, 2 Bedrooms.

All Brick Detached . Abundant Bedrooms & Rare Large Detached 2 Car Garage.

Corner Lot With Rental Income. Main Floor Long Term Tenant Pays $695.70. 2nd Floor Long Term Tenant Pays $865.30. Basement Tenant  to Pay $900. All Tenants Pay Their Own Hydro. Vendor Take Back Possible.

Includes: 3 Fridges, 3 Stoves As-Is Condition

Excludes: Tenants Belongings

 

MONTHLY PROFIT AND LOSS STATEMENT FOR 148 CLARA STREET THOROLD RENT:          

3 Bedroom MAIN FLOOR TENANT   $695.70 (Pays all of the Hydro) UNDER MARKET RENTS
3 Bedroom 2ND FLOOR TENANT     $865.30 (Pays all of the Hydro) UNDER MARKET RENTS
2 Bedroom BASEMENT                     $800.00 (Pays all of the Hydro)

TOTAL MONTHLY INCOME   $2,361.00 
 
EXPENSES:        
PROPERTY TAX     $2,656.93 (2018 TAXES) $221.41/m

UTILITY:          
  GAS     $63.30/m 
  HYDRO     $0.00 (All Tenants Pay Own Hydro)
  WATER/SEWER   $112.52  

TOTAL MONTHLY EXPENSE   $397.23  
 
TOTAL MONTHLY CASH FLOW $1,963.77  

 

 

 

Property Details

  • ID: X4443693
  • Beds: 7
  • Total Rooms: 12
  • New Construction: No
  • Property ID: 101404876
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • Storeys: 2
  • Lot Size: 30 x 94 Feet
  • Style: 2-Storey
  • Status: Active
  • Parking Type Description: Detached 2 cars
  • Estimated Annual Taxes: $2,657

Features

External Sewers - Sewers, Exterior1 - Brick
Internal Water - Municipal, Utilities-Sewers, Utilities-Municipal Water, Kitchens - 2, Heat Type - Baseboard, Heat Source - Electric

Rooms

Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Room
Dining Room
Family Room
Kitchen
Living Room
Master Bedroom
Listed By Ryan Anderson of CENTURY 21 Millennium Inc., Brokerage*