I just finished uploading this Multi-family for sale, 444 MAIN Street E, North Bay, Ontario
Solid 5 plex with a 5.46% cap rate. Property consists of a 3 bedroom unit, 2x2 bedrooms units, and 2x1 bedroom units. Gross income of $69,876.60, Expenses $31,793.40 leaving a net income of $38,083.20. CMHC insured mortgage just under 500k with First National bank must be assumed by purchaser. The 2020 CMHC rates are currently no longer available and 3.1% on the assumable mortgage - Term began in March 2020 for 5 years with a 30 amortization. Details available to qualified Buyers. (id:2469)