Co - Ownership Property Opportunity
Would you love to invest in real estate through co - ownership? We are giving you the opportunity to become an owner with few fellow like minded people. Do you have little down payment? We can help!
Requirements:
Must be a PR or Citizen of Canada.
Good source of Income.
Credit Score above 690.
Little Down Payment.
Minimum of 5 people per property.
We are focusing within and around the GTA and a maximum of 4 hours drive from Toronto Ontario. Our property purchase price around $2,000,000 approximately.
Let our team help you become A Real Estate Investor! Contact us now!
Co-Ownership Opportunity For The Week.
Calling for 7 Individuals With Little Down Payment To Co-Own 7 Unit Multiplex near GTA!
It’s rare to find a turn-key multi and 6 of 7 units are turnkey. Great location near downtown for tenant’s convenience. Close to all amenities, including new Loyalist College campus. Stroll along the Ganaraska River. Browse boutiques and dine at all the local cafes, restaurants, and bars. Close to 401 and VIA train station for commuters.
Has good income now, plus potential to raise rents for most units on turnover. All units have their own parking space. Includes 7 fridges, 7 stoves, 2 washers, 2 dryers. Coin laundry for extra income. Tenants pay their own hydro.
All units tenanted (buyer to assume tenants).
LOCATION: Port Hope, Ontario, 1 hour from Toronto Ontario
PURCHASE PRICE: $1,729,900
CLOSING: March 20, 2024 (Some flexibility available. This is an assignment sale.)
Unit Details: 2 of 2 BR , 3 of 1 BR 1 of 3BR and 1 of Bachelor Unit.
PARKING: 7 Spots (1 for each unit) DEEP LOT: 63’ x 381’
(Well-maintained and renovated. Solid brick.) HVAC: 2 furnaces
PROPERTY TAX: $13,200 in 2023
RENOVATIONS NEEDED:
The building is well maintained, and most units have been renovated recently.
Bachelor unit could use cosmetic renovations on turnover
GOOD NEWS:
6 of 7 units are turnkey. Multis are hard to find and this has solid rents.
Requirements for 7 individuals:
Must be a PR or Citizen of Canada. Good source of Income. Credit Score above 690 and minimum of $15k down for the deal for each person. Let our team help you acquire this property! Contact us now!