$425,000

For sale

Address not available, Wawa - Multi-family for Sale

Wawa, Ontario, P0S1K0

3,800 ft²Listed 19 days ago

Overview

This multi-family property in Wawa is for sale offering roughly 3,800 sq ft of space. It has been on the market 19 days, fresher than the Wawa average of 120 days.

Multi-Family Properties for Sale in Wawa →

Wawa, Ontario, P0S1K0

4,000 ft²

Listed by Exit Realty True North

For sale

145 days ago

$310K

Wawa, Ontario, P0S1K0

2,228 ft²

Listed by Exit Realty True North

Investment analysis

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$425,000

Wawa

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Description

It's a wonderful time to invest in Wawa. This building provides the safety and diversity of mixed use with three residential units along with two commercial units. Further, there is great potential as one of the commercial units is vacant and could make for increased revenue. Many upgrades, excellent frontage, and ample parking make this an excellent addition to any portfolio. (id:66096)

Property Details

MLS®: SM262906
Property Type: Multi-family
Business Type: Retail and Wholesale
Interior Size: 3,800 ft²
Year Built: 1978
Basement: Full
Heating: Baseboard heaters, Electric
Property Tax: $7,159.24/yr
Listed: 19 days ago

Features

Foundation: Block
Exterior: Wood, Aluminum siding

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Wawa listings, avg age

120d

Price / ft²

$112

List price

$425K

Haho

This multi-family in Wawa has been listed for 19 days, which is 101 days fresher than the city average of 120. Act while there is still low competition.

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Listed by Century 21 Choice Realty Inc. · Lee Bryar

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0S)

This home lists at $425,000, about 5.0× the local median household income of $85,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 10,170
Median age: 50
Owner / renter: 90% / 11%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0S)

$425,000· $112/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$597/mo

Total monthly$2,835

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

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