Live for Free - Triplex. Rent from two units cover all bills

Description
$800000

A unique opportunity to pay 25% down and then live in a 1,400sq/ft all ground floor unit with all expenses (mortgage, hydro, taxes) paid completely by the other two units. Or rent all three units and make 9% on your money.
All units on their own floor with separate entrances.
Based on 25% down and 5 year closed mortgage.
Annual rent from other units $49,200
Taxes $2,481.11
Hydro and heat $5,664.04
Insurance $1,800.00
Mortgage (600k @ 4.64%) $40,412.28

New septic system last year. Lots of parking. Main floor unit has a carport that could be easily weathered in to be a garage.
On major road 5 minutes South of Bancroft.
Upstairs - 800sf - 1 bedroom, 1 bath
Main Floor - 1,400sf - 2 bedroom, 1 bath
Walkout - 1,350sf - 2 bedroom, 1 bath
Price is firm. Call Ray at 416-995-4807
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:User
Address:29292 Ontario 28, Bancroft, ON
City:Trenton
Phone:416-995-XXXX (Show)
Asking Price:$800000

Other Information

Bathrooms:3
Bedrooms:5
For Sale By:Owner

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User

On OKz since February, 2018

416-995-XXXX


Posted on: 08/06/2025 @ 07:27 am

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