CASH FLOW ZONE investment properties. NOT on MLS!

[OntarioSells]

Exclusive Listing

Looking for a cash flowing, low maintenance, onsite, inexpensive property management, turnkey investment property that comes with a top notch tenant? Then this is it!

Chateau Royale, 24 hour concierge, upscale lifestyle, modern finishes and the annual rent is 8.2% of the asking price!! Granite kitchen and bathroom counter tops, laminate flooring, and a terrific view of the city.





The Go Station is next door (160 meter walk), St. Joseph’s Hospital (a major employer) is a four minute walk away, Walkscore is a whopping 93, 15 minute bus ride to McMaster University, several of the top restaurants in Hamilton are within a 10 minute walk.

The location and lifestyle is excellent and these properties attract A+ tenants.

We have two units available for sale.
Unit Asking Rent Condo Fee Taxes Property Management Mortgage Cash Flow
605 $189,988 $1,325.00 $280.22 $200.74 $50.00 ($656.48) $137.57
1204 $164,988 $1,275.00 $185.55 $150.85 $50.00 ($570.09) $318.51

Mortgage assumes 20% down, monthly payments, 30 year amortization, 3.19% interest rate. Buyer to verify all financials.

Call Maria to book a showing (905) 338 – 6964 ext 228

Agents, please call my office to book a showing (905) 361-9098, 24 hours notice required, concierge accompanies all showings.

[lara4228]

Nice location
Nicely converted units
In the heart of downtown.

Good luck with the sales!

Lara

[Lee]

I'm taking a careful look, interested.

[lara4228]

Lee,

I live in this city and I know the area well. I also use to work the exact building that is listed, it used to be a business building, then they converted them into condo's.

Also, another comment I would like to make on these particular units, not that I have seen them or the conditions that accompany the sale, but I passed by a realtor's office today I noticed in the window that a condo unit not far from this site sold for $149,999, approx. The street it was on has a high tenancy rate, loaded with past known bed bugs issues but still sold - as a rental property.

This being said, the asking rate for the 2 above units are quite in par with the area. The building the 2 units are in, from my understanding, does NOT have a history of bed bugs - so relief can be felt on that subject, lol. How I know this is because my roommate used to service dwellings that had bed bugs. It was his job to treat the units/homes. He and I had quite the lengthy conversation around what areas in the city were 'infested' with these awful things.

I know that if I was able to, I probably would consider viewing them and the possibilty of investing. They are relatively new condos, -10 years old I think?

And...just putting it out there...if you need a PM there...I am open for suggestions (now that I know enough about the darn RTA, by laws, PS, etc. lol).