260 Academy Street, Loyalist, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 57 - Bath. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,998,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 215 x 356 ft lot size
- equipped with no central cooling and highly efficient baseboard heating
Description
Fantastic Investment Opportunity To Acquire This Well Maintained And Fully Tenanted 35 Suite Residential Apt Building. Consists Of 35-2 Bedroom Suites, Tenant Pays Their Own Heat & Hydro Many Improvement Have Been Made To This Turn Key Building Conveniently Located Close To All Amenities Schools, Parks, Shopping & Recreational Center. Many Units Rented To Long Term AAA Tenants. Fully Occupied W/long Waiting List, The Building Is Monitored By Security Camera System ***Assumable 1st Mortgage Approximately 3mil @3.50% Interest, Maturing December 1st, ,2027 & 2nd Mortgage Available By Seller with 15% Down Payment.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 260 Academy Street, Loyalist, ON K0H 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Loyalist, ON
For a property listed at $6,998,800 in Loyalist, the legal minimum down payment is $1,399,760 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $161,445 for this transaction. As this listing is in Loyalist (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $161,445.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.