$700,000
Available - For Sale
Listing ID: X9768034
125 Young St , Hamilton, L8N 1V5, Ontario


Attention Builders, Investors & Developers - SITE PLAN APPROVED AND READY TO BUILD!!! Zoned E-3 (High Density Multiple Dwellings) together with Design Build for 39 Units, comprised of 27 Four Storey Apartments and 12 Stacked Towns. 7 Min walking distance to Hamilton GO Centre and Downtown core. Existing home is fully rented, generating $2,582 /month, please do not go direct. House will need to be torn down in order to accommodate approved plan.
Price $700,000
Taxes: $4959.48
Tax Type: Annual
Occupancy by: Tenant
Address: 125 Young St , Hamilton, L8N 1V5, Ontario
Postal Code: L8N 1V5
Province/State: Ontario
Legal Description: PT LT 18 W/S WALNUT ST PL 48 HAMILTON AS
Lot Size: 32.05 x 266.25 (Feet)
Directions/Cross Streets: John St S & Walnut
Category: Designated
Use: Residential
Building Percentage: Y
Total Area: 0.10
Total Area Code:  Acres
Area Influences: Public Transit  
Approximatly Age: 51-99
Sprinklers: N
Rail: N
Crane: N
Volts: 240
Heat Type: Gas Forced Air Open
Sewers: San+Storm
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $14,950 $29,900 $44,850 $59,800
First Mortgage $284,050 $269,100 $254,150 $239,200
CMHC/GE $11,362 $8,342.1 $7,116.2 $0
Total Financing $295,412 $277,442.1 $261,266.2 $239,200
Monthly P&I $1,457.8 $1,369.13 $1,289.3 $1,180.41
Expenses $0 $0 $0 $0
Total Payment $1,457.8 $1,369.13 $1,289.3 $1,180.41
Income Required $54,667.68 $51,342.25 $48,348.8 $44,265.33

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$737.76
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style:
Lot Size: 32.05 x 266.25(Feet)
Approximate Age: 51-99
Tax: $4,959.48
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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