582 Garafraxa Street S

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$424,900

582 Garafraxa Street S

West Grey · MLS® X13592200

432

House · Single Family · 94 days on market

listed by BALWINDER SINGH SANDHU, ROYAL STAR REALTY INC.

realtor's description

Best Chance For Investor Or First Time Buyer To Own This Renovated House. Three Units. Each Unit Has Its Own Entrance, Kitchen And Full Bathroom. Very Good Rental Income. Highway Location. Easy To Change For Commercial Zoning. Across from ESSO Gas Station And Shops. Keep The Property For Rental Income Or Change Zoning For Future Development. Potential Rental Income: $ 3,300 ($1,600 Main + $900 Basement + $800 Second Floor). Approximate Expenses: Insurance $1,400/Year, Water $495/3 Months, Gas $100/Month, Electricity $90/Month

property details

type: House, Single Family
bedrooms: 4
bathrooms: 3
parking: 2
property tax: $1,980 / yr
days on market: 94
MLS®: X13592200

features

Irregular lot size
Carpet Free
In-Law Suite
Washer
Refrigerator
Stove

monthly cost

$2,016/mo

Mortgage $1,851 · Tax $165

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

estimated payment

$1,851/ monthly

loan $339,920

25-year amortization

down payment20% · $84,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $215,455
cash to close: $84,980; down payment; transfer tax and fees not included
total paid: $555,375

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