349-351 Cumberland Street

General property description

RARELY AVAILABLE! Opportunity to own an extremely well-maintained Spanish style TRIPLEX property on 10,281 sq ft RT-1 zoned lot in desirable Sapperton neighbourhood close to transit, new Aquatics center, schools, parks, shopping, RCH, restaurants, HWY-1 & more. 3 SEPARATE SUITES! 351 side features 2 Beds & 1 Bath, 2 levels, renovated kitchen & bath, some updated windows, rec room & laundry down. 349 side has 2 Beds/1 Bath suite w laundry on the main & 1 Bed/1 Bath self-contained suite below. Each unit has separate outdoor patio/backyard. 194 sq ft storage room at bottom of 349. Beautifully landscaped & private backyard w back lane access & open parking for ~8 vehicles. GREAT HOLDING PROPERTY in Bill 47 & TOD zone, possible for $75,000/annum rental income or more.

Mortgage estimate

Tax from listing

Est. monthly total

$10,007

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$9,246

Property tax

$610

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $399,800 down (20%) on $1,999,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.