Investment
Lot: 1,425.6 x 0 ftTotal Area: 700,698 ft22023 Taxes: $3,300.96Maintenance Fees: $4,000
374100 Highway 11B
Coleman, ON
P0J 1C0 | Timiskaming
| Listed By | BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY |
|---|---|
| Data Provided By | Toronto Regional Real Estate Board |
| MLS® Listing Number | X7211822 |
| Last Updated | Mar 25, 2024 |
| Property Type |
Investment
More like this: |
|---|---|
| Use | Cabins/Cottages |
| Business/Building Name | Gillies Lake Front Cottages |
| Category | Accommodation |
| PIN | 613850104 |
| Legal Description | See mortgage comments |
| Occupancy | Tenant |
| Possession Date | TBD |
| Taxes (2023) | $3,300.96 |
| Tax Type | Annual |
| Maintenance Fees | $4,000 |
| Directions/Cross Streets | In Between Cobalt And Hw 11 |
| Area | Timiskaming |
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
| Freestanding | Y |
|---|---|
| Bathrooms | 5 |
| Lot | 1,425.6 x 0 ft |
| Lot Irregularities | Lot Irregular |
| Total Area | 700,698 ft2 |
| Approximate Age | 0-5 |
| Air Conditioning | N |
| Basement | N |
| Garage Type | None |
| Parking Spaces | 10 |
| Days Open | 7 |
| Heat Type | Elec Forced Air |
| Gross Income/Sales | $122,000 |
| Net Income Before Debt | $71,720 |
| Hydro Expense | $17,000 |
| Heat Expenses | $3,000 |
| Insurance Expense | $4,415 |
| Operating Expenses | $10,000 |
| Taxes Expense | $3,301 |
| Other Expenses | $4,000 |
| Year Expenses | $2,022 |
| Expenses Actual/Estimated | Est |
| Estimated Inventory Values At Cost | $50,000 |
| Area Influences | Grnbelt/Conserv, Major Highway |
| Sewers | Septic |
| Utilities | Y |
| Water Supply Types | Dug Well |
| Water | Well |
| Vacancy Allowance | 30 |
| Crane | N |
| Lot/Bldg/Unit Code | Lot |
| Zoning | CI Tourist Commercial |
| Seller Property Info Statement | N |
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