$999,900

For sale

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4650-4666 CABOTO Drive, LaSalle - Multi-family for Sale

4650-4666 CABOTO Drive, LaSalle, Ontario, N9H0H2

1.59 acres lot sizeListed 107 days ago

Overview

This multi-family property in LaSalle is for sale.

Multi-Family Properties for Sale in LaSalle →

673-675 VICTORY Street, LaSalle, Ontario, N9J1V8

Lot size 60 × 115 ft (6,914 sq ft)

Listed by REALTY ONE GROUP ICONIC BROKERAGE

For sale

107 days ago

$1000K

Caboto Drive, LaSalle, Ontario, N9H0H2

8 bd4 ba24 pkLot size 100 × 587 ft (1.34 acres)

Listed by GRACE CANADA REALTY INC.

Investment analysis

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$999,900

LaSalle

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Description

Welcome to 4650 - 4666 Caboto Drive in LaSalle—An outstanding investment opportunity set on 1.59 acres of land. This unique property features four semi-detached residential units (TWO DUPLEXES) 2 Back Split 3 Levels and 2 Bungalow Style semi detached units, offering strong and stable income potential. Ideally located directly across the road from the Dominion Golf & Country Club, and just 1.5 km from municipal sewer services and the prestigious Seven Lakes Golf Course and LaSalle’s newest Executive subdivision—this property presents exciting future development possibilities in a rapidly growing area. (id:66096)

Rooms

Main level

4pc Bathroom
4pc Bathroom
4pc Bathroom
4pc Bathroom
Bedroom
Bedroom
Kitchen
Family room
Bedroom
Bedroom
Kitchen
Family room
Bedroom
Bedroom
Kitchen
Family room

Lower level

Family room
Family room

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (N9H)

This home lists at $999,900, about 8.5× the local median household income of $117,000.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.

Median household income: $117,000
Population: 13,173
Median age: 46
Owner / renter: 91% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N9H)

$999,900

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,990

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($36,996 capitalized)

Est. property tax$833/mo

Total monthly$5,961

Cash Needed to Close

Down payment (7.50%)$74,990

Land transfer tax$16,473

Est. closing costs$5,500

Total cash needed$96,963

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

4650-4666 CABOTO Drive, LaSalle - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

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Neighbourhood profile (N9H)

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Full Cost Breakdown