Property Information:
5 Units as-of-right (4 Plex + Garden Suite). Positive cash flow after 95% of costs mortgaged out on completion. Average unit size 1,194 sq. ft. - Individual Private Entrances for each Unit. Lot Area over 8100 sq. ft. Pie shaped (rear lot line - 66.6, 158.3 deep). Severance & required variances completed. CMHC insured interest rate of 3.25% (projected - as of completion date). 45 year amortization (with 70 CMHC points). Total Development Charges None (credit available speak to LA). HST on completion or sale 100% Rebate. 6 car parking (including 2 garages, 2 tandem & 2 additional driveway spots) **** EXTRAS **** No chattels incl.. Floorplans, Site Plan, existing house pictures & Planning Documents in Attachment labelled Documents. Sold as is, where is. Rendering is of the 70A Dunstall 4 plex after being constructed. Taxes not assessed yet (id:7525)
