$ 919.900

188 Military Road, Lancaster

24 Photos

188 Military Road, Lancaster, ON K0C1N0 Photo 2

188 Military Road, Lancaster, ON K0C1N0 Photo 3

188 Military Road, Lancaster, ON K0C1N0 Photo 4

188 Military Road, Lancaster, ON K0C1N0 Photo 5

188 Military Road, Lancaster, ON K0C1N0 Photo 6

188 Military Road, Lancaster, ON K0C1N0 Photo 7

MLS®: 1378235

Added: 70 days ago

Property Details

Investor Alert! 8 Cap building with massive cash flow! Absolute gem of an investment property to add to your portfolio! 7 Residential Units and 1 Commercial unit, excellent location right on the main street in downtown Lancaster. Beautifully updated commercial space, loads of possibilities. Spacious units, plenty of upside on income still to be had, strong cash flow, and a solid location. This one can't be beat. (id:1945)

Best Mortgage Rates

Property Information

List AOR: Ottawa
Stories: 3
Tax Year: 2023
Year Built: 1905
Photos Count: 24
Parcel Number: 671230121
Parking Total: 5
Common Interest: Freehold
Association Name: A Plus -
Tax Annual Amount: 8810
Lot Size Dimensions: 46.54 ft X 122.96 ft
Zoning Description: CG
Number Of Units Total: 8

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Nearby Places

Name	Type	Address	Distance
Cornwall Regional Airport	Airport	19403 Airport Rd	7.5 km
Glengarry County, Ontario	Glengarry County now consists of the modern-day to...		13.7 km
CHOD-FM	Owned and operated by the Radio communautaire Corn...		15.7 km
Al-Rashid Islamic Institute	Establishment	18345 County Road 2	15.8 km
Al-Rashid Islamic Institute	Shaikhul-Hadith Muhammad Zakariya founded the inst...		15.8 km
Tsiionhiakwatha/Droulers archaeological site interpretation center	Establishment	1800 Chemin Leahy	16.0 km
Holy Trinity Catholic Secondary School (Cornwall, Ontario)	The high school is located in Cornwall, Ontario, C...		17.2 km
Soulanges School	School	1135 Ch St Georges	18.5 km
CKON-FM	Its licence was issued by the Mohawk Nation Counci...		19.9 km
Saint Regis, New York	Regis Mohawk Reservation in Franklin County, New Y...		19.9 km
Tim Hortons	Cafe	440 Main St S	20.3 km
AJ's BBQ Steakhouse & Bar	Restaurant	68 Anik St	20.5 km

188 Military Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 188 Military Road. The current price of the property is $919,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $735,920. This would result in a monthly mortgage payment of $4,302 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	15
Certificate of Qualification	10
College	50
University degree at bachelor level or above	20

Neighbourhood Marital Status Stat

Married	165
Widowed	35
Divorced	25
Separated	10
Never married	95
Living common law	40
Married or living common law	205
Not married and not living common law	165

Neighbourhood Construction Date

1961 to 1980	30
1981 to 1990	25
1991 to 2000	25
1960 or before	90

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Orleans	99	$725.803
Gatineau Gatineau	119	$592.559

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