31 Ormond St S, Thorold ON L2V 1Y3 Photo 1 31 Ormond St S, Thorold ON L2V 1Y3 Photo 2 31 Ormond St S, Thorold ON L2V 1Y3 Photo 3 31 Ormond St S, Thorold ON L2V 1Y3 Photo 4 31 Ormond St S, Thorold ON L2V 1Y3 Photo 5 31 Ormond St S, Thorold ON L2V 1Y3 Photo 6 31 Ormond St S, Thorold ON L2V 1Y3 Photo 7 31 Ormond St S, Thorold ON L2V 1Y3 Photo 8

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31 Ormond St S -

Fully Detached Investment Property With 2 Units, On Main Road With Ample Parking!  Amazing Low Property Taxes. Fully Tenanted, Ample parking  $19,841 Net Income. Easy To Rent & Manage, Or Live In & Have A Tenant Pay Your Mortgage. Any Landlord Appliances Is As-Is Where-Is Condition. 2 Separate Electric Metres. Excludes: Tenant Belongings.

Unit 1 Main floor - Month-to-Month Lease,  $1,000/Mth + Hydro & Gas,

Unit 2 Upper - 1Yr Lease, $850/Mth + Hydro & 1/2 Water

 

MONTHLY PROFIT AND LOSS STATEMENT FOR 31 ORMOND STREET SOUTH, THOROLD RENT:          

MAIN FLOOR TENANT   $1,000.00 (CURRENTLY ON A MONTH-TO-MONTH LEASE)
2ND FLOOR TENANT     $900.00 (CURRENTLY (VACANT MARCH 1 2019)

TOTAL MONTHLY INCOME   $1,900.00  
 
EXPENSES:        
PROPERTY TAX     $2,359.00 /yr (2018 TAXES)

UTILITY:          
  GAS                      $0.00 (main floor tenant pays all the gas)
  HYDRO                 $0.00 (each tenant buys own hydro)
  WATER/SEWER $55.00 (upper tenant pays other half)
HVAC          
  HOT WATER TANK $0.00  
  FURNACE                $0.00  

TOTAL MONTHLY EXPENSE   $246.58  
 
TOTAL MONTHLY CASH FLOW $1,653.42  

Property Details

  • ID: X4367359
  • Beds: 5
  • Total Rooms: 10
  • Estimated Annual Taxes: $2,359
  • Property ID: 101387114
  • Baths: 2 (Full: 1 3/4: 1 1/2: 0 Other: 0)
  • New Construction: No
  • Style: 1 1/2 Storey
  • Status: Active
  • Lot Size: 45 x 132 Feet

Features

External Sewers - Sewers, Exterior1 - Alum Siding
Internal Water - Municipal, Kitchens - 2, Heat Type - Forced Air, Heat Source - Gas, Approximate Square Footage - 1500-2000, Air Conditioning

Rooms

Bedroom 1 - Hardwood Floor
Bedroom 1 - Hardwood Floor, Closet
Kitchen - Tile Floor
Kitchen - Tile Floor, Eat-In Kitchen
Laundry Room
Living Room - Hardwood Floor
Rec Room
Listed By Ryan Anderson of CENTURY 21 Millennium Inc., Brokerage*