62 School Street

1 / 21

$249,000

62 School Street

Parrsboro · MLS® 202616322

0 sq ft lot · House · Multi-family · 114 days on market

listed by Erma Cox, Coldwell Banker Open Door Realty Ltd.

realtor's description

Turn-key Fourplex at 62 School Street, Parrsboro. it features a two bedroom and three one-bedroom units. Tenants also have access to decks allowing them to enjoy the summer days right outside their door. The property has seen numerous updates including insulation and vapour barrier in the basement, a ductless heat pump in one unit, landscaping, painting and much more making it ready for its new owner. All four units are currently occupied with long term, respectful tenants. Its central location provides convenient access to all the local amenities of Parrsboro making it a promising opportunity for investors.

property details

type: House, Multi-family
lot: 0 sq ft
parking: 0
days on market: 114
MLS®: 202616322

features

Recreational Facilities
Washer
Refrigerator
Water meter
Range
Dryer

monthly cost

$1,085/mo

Mortgage $1,085

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,085/ monthly

loan $199,200

25-year amortization

down payment20% · $49,80020%+ 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: $126,261
cash to close: $49,800; down payment; transfer tax and fees not included
total paid: $325,461

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