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Started by Ronnie Hamoui
Wed, 11 May 1994 14:11
House for sale in the Heart of the Market
Author: Ronnie Hamoui
Date: Wed, 11 May 1994 14:11
Date: Wed, 11 May 1994 14:11
44 lines
2934 bytes
2934 bytes
I have a semi-detached home for sale, at 276 Clarence St., in the
heart of the market that is an excellent investment opportunity /
personal use home. Lots of renovations:
- 3 bedrooms with loft style master bedroom
- 5 Appliances (Fridge / Stove / Dishwasher / Washer / Dryer)
- 1 large bathroom with efficient shower massage shower head
- 10 foot ceiling on main floor
- All new wall to wall carpet
- Hard wood floors on 2nd & 3rd floors
- New (OCT 93) Natural gas furnace / hot water tank with 1 year free
rental. Estimated heating cost at $600 a year
- Programmable thermostat
- Newly built front gabled roof (OCT 93)
- Re-finished kitchen.
- All copper wiring (84)
- Recently structurally assessed (Aug 91).
- Fenced in backyard with patio and shed
- Taxes 93 - $1500
- Close to Ottawa U / Rideau center / IGA / LOBLAWS / Byward Market.
- Asking 139,000
As an investment
================
Can easily be rented out for $1100 a month.
Taxes = $1500 / 12 $125 / month
25yr year mortgage $120,000 for 2 yrs @ 8% $915 / month
-------------
1040 / month
All expenses are tax deductible
- Interest
- Lawyer fees (capital costs)
- maintenance costs
- property taxes
- etc.
This home will pay for itself and will appreciate in value as
demand for the land increases.
Ronnie at 763-3907(w) or 246-3208(h)
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