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Bedrooms: 16
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Bathrooms: 8
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Living area: 4608 square feet
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MLS®: 4055962
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Type: Residential
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Added: 19 days ago
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Type: Residential
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Listed by: Point2
Property Details
Looking for an ideal investment opportunity? Welcome to 181 McKellar & 212 King St. in the quaint town of Glencoe, a 40 minute drive to London offering many amenities like LCBO, Via Rail, Tim Hortons & No Frills. The property offers two separate one floor 4-plex brick buildings offering a total of 8 units currently all rented month-to-month. The units have 2 bedrooms, 4pc bathrooms, exterior front door access, natural light, access to common area/interior hallway with coin laundry & a community yard with walkway. Other features include asphalt parking, storage shed & gas boiler system. With an increased need for housing & a strong & growing rental market, this property would be a great addition your investment portfolio!
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Similar Houses Stat in Glencoe
We have found 6 Houses that closely match the specifications of the property located at 181 Mckellar St with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 674,900 and 1,249,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N0L1M0 postal code area of Glencoe Ontario Canada.
181 Mckellar St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 181 Mckellar St. The current price of the property is $999,900, 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 $799,920. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.