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Off-market opportunityPosted 2 months ago

House for sale

Toronto, ON, M1B

Asking Price

$449,000

Detached

Type

Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.

About this property

House for sale in Larder Lake Ontario, one block from the lake. Use as a cottage or would be a good home for somebody moving to the area for the recent boom in the mining industry. Message for more info. All appliances and furniture can stay if wanted. Newly renovated and updated. Brand new garage added as well. Thanks

Opportunity analysis

Opportunity score

4.5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Lot size

unknown

Parking

unknown

Basement

unknown

Separate entrance

No

Business case

Strengths

  • Newly renovated and updated
  • Brand new garage added
  • All appliances and furniture can stay if wanted

Opportunities

  • Location one block from lake
  • Good for cottage use or as home for mining industry boom

Weaknesses

  • Bedrooms number not stated
  • Bathrooms number not stated
  • Square footage not stated

Threats

  • None stated

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$2,406

Down payment

$89,800

Mortgage amount

$359,200

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $89,800 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$2,855/mo

Mortgage (P+I)

−$2,406

Property tax

−$449

Asking Price

$449,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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