$ 6.900.000

101 King Street E, Dundas

5 Photos

101 King Street E, Dundas, ON L9H1B9 Photo 2

101 King Street E, Dundas, ON L9H1B9 Photo 3

101 King Street E, Dundas, ON L9H1B9 Photo 4

101 King Street E, Dundas, ON L9H1B9 Photo 5

Bedrooms: 39
Bathrooms: 25
Living area: 20000 sqft

MLS®: 40545038
Type: Townhouse
Added: 60 days ago

Property Details

ONCE IN A LIFETIME opportunity to own a substantial 24 unit mid-rise apartment building with elevator in the heart of bustling Dundas. With entrances on two streets (King St E and Cooper Rd), this turn-key investment is composed of 15 two-bedroom and 9 one-bedroom units. Immense investment potential. Slab reinforced-concrete construction with glazed brick exterior. Excellent Tenant Profile. Significant upside on rents. Well maintained with pride of ownership. Financials upon request. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Wall unit
Heating: Natural gas
Stories: 5
Basement: None
Year Built: 1965
Directions: N/W of King St E and East Street N intersection.
Living Area: 20000
Lot Features: Conservation/green belt, Laundry- Coin operated
Photos Count: 5
Water Source: Municipal water
Parking Total: 29
Bedrooms Total: 39
Common Interest: Freehold
Parking Features: Carport, Visitor Parking
Street Dir Suffix: East
Subdivision Name: 411 - Coote’s Paradise
Tax Annual Amount: 52445
Exterior Features: Concrete
Community Features: Quiet Area
Zoning Description: RM2-FP
Number Of Units Total: 25

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Nearby Places

Name	Type	Address	Distance
Dundas, Ontario	Dundas /ˈdʌnˌdæs/ is a formerly independent town a...		0.6 km
Tim Hortons	Cafe	86 Main St	0.7 km
Bangkok Spoon Deluxe Inc	Restaurant	57 King St W	0.8 km
Parkside High School	School	31 Parkside Ave	0.9 km
Parkside High School (Dundas, Ontario)	Parkside High School had a 2009-2010 enrollment of...		0.9 km
Quatrefoil Restaurant	Restaurant	16 Sydenham St	0.9 km
East Side Mario's	Restaurant	119 Osler Dr	1.0 km
Dundas Central Public School	Dundas Central is the second oldest school in Onta...		1.0 km
Desjardins Canal	Although a technological achievement and a short t...		1.2 km
Joya Sushi	Restaurant	1630 Main St W	1.6 km
Dyment's Pumpkin Patch & Country Harvest	Food	416 Fallsview	1.8 km
Boston Pizza	Restaurant	1563 Main St W	1.8 km

101 King Street E mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 101 King Street E. The current price of the property is $6,900,000, 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 $5,520,000. This would result in a monthly mortgage payment of $32,266 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	15
University / Below bachelor level	10
College	110
University degree at bachelor level or above	20

Neighbourhood Marital Status Stat

Married	105
Widowed	40
Divorced	55
Separated	20
Never married	90
Living common law	55
Married or living common law	165
Not married and not living common law	205

Neighbourhood Construction Date

1961 to 1980	75
1981 to 1990	10
1991 to 2000	15
2001 to 2005	15
1960 or before	135

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