55 Simcoe St 1 - 6 Street

Long Sault, South Stormont · MLS® X13775250

2610

House · Multi-family · 43 days on market

listed by MICHAEL VANDER MEER, CENTURY 21 SHIELD REALTY LTD.

realtor's description

A purpose built 6 unit apartment building located beside a park with walking paths through the village of Long Sault close to the St Lawrence River, bike bath and the St Lawerence Parkway. There are 5 two bedroom units and 1 one bedroom unit. Tenants pay their own utilities. Most rents are low but great potential for growth in the future. Top floor unit was recently rented for $1525 plus utilities.

property details

type: House, Multi-family
bedrooms: 2
bathrooms: 6
parking: 10
property tax: $7,314 / yr
days on market: 43
MLS®: X13775250

monthly cost

$4,639/mo

Mortgage $4,030 · Tax $610

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,030/ monthly

loan $739,920

25-year amortization

down payment20% · $184,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $468,990
cash to close: $184,980; down payment; transfer tax and fees not included
total paid: $1,208,910

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.