House For Sale in Hamilton, Ontario - 24 Locke St S
 

Hamilton Single Family Homes For Sale By Owner

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House For Sale

$329,900
24 Locke St S , Hamilton, ON, L8P 3Z8
Owner`s Description
Income Property consisting of 3 Rooms & 3 One Bedroom Apartments on Locke St. between King & Main.

REVENUE:

Gross Rental Income: $36,000.00

EXPENSES:

Property Taxes: $ 2,847.00
Hydro & Water: $ 840.00
Insurance: $ 1,200.00
Gas: $ 960.00
Water Heater Rental: $ 240.00

TOTAL ANNUAL EXPENSES: $ 6,087.00

NET ANNUAL INCOME: $29,913.00

Property Professionally Managed by Babylon Property Management

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Name:
 Joe Char

 
Day Phone(416) 655-8948
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Listing Owner
 Joe Char

Day Phone(416) 655-8948
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Property Summary
Property ID:  4881
Property Cat:  House
Property Type:  Homes

Land Transfer Tax Calculation Ontario

 
"The Land Transfer Tax in Hamilton, Ontario based on the selling price of $329,900.00 is $3,424.00."
 
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5%
+ $55,000.00 to $250,000.00 - land transfer tax is 1.0
+ $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%

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See Also: Hamilton Real Estate     Hamilton Condos For Sale     Hamilton House For Sale


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