$799,000 FOR SALE

Investment

Lot: 129.36 x 144 ftTotal Area: 3,500 ft2
2019 Taxes: $7,456Maintenance Fees: $813.6

379 Queen St
Scugog, ON L9L 1L4 | Port Perry | Durham

Excellent Investment Opportunity. Located On A Premium Lot Directly On Queen Street, Port Perry Within Steps Of The Quaint, Port Perry Shopping District. This Multi-Residential Conversion (6 X 2 Bedroom Apts) Is A Stately Property On A Corner Lot In An Excellent Neighbourhood Of Vintage A Century Properties. The Very High Demand For Rental Accommodations Continues To Grow Making This Building An Excellent Investment.

Extras
Location, Location, Location, Right On The Edge Of The Port Perry Historic Shopping District. High Demand, No Trouble Getting Tenants Here !! The Building Has A Fire Sprinkler System.

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Listed By COLDWELL BANKER - R.M.R. REAL ESTATE, Brokerage
MLS® Listing Number E4532537
Last Updated Nov 14, 2019
Property Summary
Property Type Investment
Use Apartments - 6 to 12 Units
Category Apartment
PIN 267870019
Legal Description Pt Lt 153 P12 As In C0221294; Scugog
Occupancy Tenant
Possession Date Tbd
Taxes (2019) $7,456
Tax Type Annual
Maintenance Fees $813.6
Directions/Cross Streets Queen St & Cochrane St
Community Port Perry
Area Durham
Price History
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Detailed Information
Freestanding Y
Lot 129.36 x 144 ft
Total Area 3,500 ft2
Elevator None
Air Conditioning N
Basement Y
Chattels N
Garage Type Outside/Surface
Days Open V
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement N
Gross Income/Sales $68,556
Net Income Before Debt $47,884
Hydro Expense $857
Water Expense $4,333
Heat Expenses $3,457
Insurance Expense $4,157
Operating Expenses $20,672
Taxes Expense $7,054
Year Expenses $2,018
Expenses Actual/Estimated Est
Sprinklers Y
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 8 feet
Rail N
Lot/Bldg/Unit Code Lot
Zoning Residential
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.