6690 Tecumseh Road

Lakeshore · MLS® 26012769

Condo · Multi-family · built 1964 · 144 days on market

listed by PHIL DORNER, LOUIS PARENT REALTY LTD.

realtor's description

Great opportunity for the adventurous investor or developer. Former municipal town hall in Stoney Point, currently converted into a four-unit residential income property offering approximately 4,852.20 sq. ft. of interior space. Situated on an approximately 1.2-acre lot with updated sanitary sewers completed in 2020, separate hydro meters, a renovated roof completed in 2024, and ample room for potential future expansion. A rare property with solid construction, strong income potential, and plenty of possibilities. Additional photos and virtual tours of all four units are available upon request. To protect tenant privacy, serious inquiries only.

property details

type: Condo, Multi-family
parking: 0
year built: 1964
days on market: 144
MLS®: 26012769

monthly cost

$4,313/mo

Mortgage $4,313

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

estimated payment

$4,313/ monthly

loan $792,000

25-year amortization

down payment20% · $198,00020%+ 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: $502,001
cash to close: $198,000; down payment; transfer tax and fees not included
total paid: $1,294,001

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