Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,490,000
Madoc
13191 ON-62, Madoc, Ontario, K0K2K0
This multi-family property in Madoc is for sale offering roughly 2,750 sq ft of space. It has been on the market 83 days, fresher than the Madoc average of 88 days.
WATERFRONT MULTI-RESIDENTIAL OPPORTUNITY! Moira Lake Cottages is a Long Standing Landmark Location that has Undergone a Major Overhaul, Suitable for Your Own Private Residence or Multi-Residential 4-Plex. Centrally Located for Family Vacations, Fishing, Hunting and Wine Tours. Within Easy Reach of Prince Edward County. All 4 Cottages are Recently Renovated to High Standards and are Very Welcoming to Discerning Guests Year Round. Fully Updated Kitchens include Stainless Steel Appliances with Dishwashers & Microwaves, Quartz Countertops, Soft Closing Drawers & Doors. All New Plumbing & HVAC, Updated Electrical with LED Lighting. Natural Gas On Site & Connected. High Speed Internet (50 Mb!) for those Rainy Days. South Shore Setting Provides Excellent Sunset Viewing at all 4 Campfires. Weeds are Harvested by the Municipality Twice Monthly starting July 15th to Make for Great Swimming. The Floating Playground is a Kid's Delight! Owner Financing Available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 83 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 8-bed multi-family in Madoc has been listed for 83 days, which is 5 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,490,000, about 18.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $291,049 (20% down, 25-yr amortization, stress-tested) — roughly 251% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
