Steve & Marla Simon
Sales Representatives
Royal LePage Locations North

117 Hill Street, Clarksburg


117 Hill Street, Clarksburg

MLS®: 1707906  $479,000

ClarksburgHome.com

Charming bungalow in the heart of Clarksburg, minutes from picturesque Thornbury and Georgian Bay.

The lower level features a LEGAL self-contained apartment currently generating $950 a month, with its own open concept kitchen and rec room with gas fireplace, as well as 2 bedrooms and 4-piece bathroom.

The main floor offers a large living room with big bright windows and lots of space to cozy up with the family. The kitchen and dining area is a good size with patio doors that lead out to the wraparound deck and spacious back yard! The lot is surrounded by trees that give you that added privacy. Also on the main level you'll find an attractive master bedroom with semi-ensuite and two additional bedrooms.  

The home is located on a quiet street, close to everything The Blue Mountains has to offer. Spend your days fishing, biking, hiking, shopping and enjoying the beautiful area around you that's just steps away. Relax in the evening and admire the sunset from the comfort of your home!

With low carrying costs and the opportunity to earn significant rental income, this is a fantastic property and one not to miss!

Note: Gas fireplaces are primary source of heat for both levels. Baseboard heating is only a backup. 

 

Mortgage payment options*

  • People that are looking to purchase this property as their primary residence and rent out the legal contained apartment:

-  With just 5% down you could own this home. Regular BiWeekly payments of $976.14 in conjunction with the Rental Income of $950 per month will reduce a large portion of your mortgage payment.

  • Investors looking to purchase the property as a 2 unit rental (note: need to provide a valid fire certificate for the property and obtain an appraised marketable rent of the property)\

-  With 20% down you could own this Investment property. Monthly payments of $1831.22 would be largely reduced/eliminated with your projected rental income of $950 per month from the lower level and the upper level could be rented for approx. $1400/month.

*Information given by representative at Meridian Credit Union (August 2017)

 

 

Type Residential
Sq. Ft 1,253
Lot Size 92.72 X 160
Bedrooms 3+2
Bathrooms 2

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Contact Us

Marla Simon
705-994-2595
marla@lifestylesnorth.com

Steve Simon
705-994-2353
steve@lifestylesnorth.com

Royal LePage Locations North Brokerage
Thornbury | Collingwood | Meaford | Creemore | Blue Mountains | Wasaga Beach
1-877-445-5520
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