$ 349.000

168 Martel Rd, Chapleau

3 Photos

168 Martel Rd, Chapleau, ON P0M1K0 Photo 2

168 Martel Rd, Chapleau, ON P0M1K0 Photo 3

Living area: 3500 sqft
MLS®: sm240541

Type: Townhouse
Added: 40 days ago

Property Details

Attention investors! Discover an incredible opportunity at 168 Martel Road with this 5-plex boasting exceptional earning potential. Currently tenanted with 2 units and 3 units ready for you to set your desired rents, this property is a smart investment. Enjoy modern comfort in two units equipped with ductless heating/air systems installed in 2020. With approximately 6-year-old boiler and roof, your peace of mind is assured. Each unit offers privacy, and ample parking is provided for all tenants. Relax in the scenic backyard and enjoy the proximity to a golf course and recreational trails. Don't miss out on this great opportunity! (id:1945)

Best Mortgage Rates

Property Information

Sewer: Septic System
Stories: 2
Basement: Crawl space
Living Area: 3500
Photos Count: 3
Water Source: Drilled Well
Parcel Number: 730920330
Structure Type: Multi-Family
Parking Features: Gravel
Tax Annual Amount: 4683
Exterior Features: Vinyl

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168 Martel Rd mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 168 Martel Rd. The current price of the property is $349,000, 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 $279,200. This would result in a monthly mortgage payment of $1,632 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	15
Certificate of Qualification	15
College	30
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	100
Widowed	15
Divorced	10
Separated	10
Never married	60
Living common law	30
Married or living common law	130
Not married and not living common law	85

Neighbourhood Construction Date

1961 to 1980	30
1991 to 2000	20
2001 to 2005	10
1960 or before	55

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