121 Mamelon St

East L, London, N5Z 1X9
FOR SALE
$193,900
Expired
$0
121 Mamelon St, London
121 Mamelon St
121 Mamelon St
121 Mamelon St
121 Mamelon St
0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
X7868581
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2011-02-25 2011-05-03 69 $193,900 - Expired
2011-10-31 2011-11-28 30 $174,900 $173,000 Sold
Property Description
Here Is A Stately Home With Loads Of Character And Potential To Use As A Home And Or Investment. How Many Place Can You Live For Virtually Free Think Of This For A Moment, Pay No Rent, Pay No Mortgage, Pay No Utilities, No Taxes And Basically Live For Free. How, Let Your Tenants Pay For You. Next Question, How Much Will It Cost You A Smaller Amount Than You Think. Check It Out: ($193,900.00-10 Puts You Into A Mortgage Of $174,510.00 @ 3.0 Variable Rate For 25 Years Would Be $852.86. Lets Go To The Next Step, Lets Take The Current Revenue, $2050.00 Subtract The Expenses Which Are $357.49 Per Month (Including Taxes, Heating, Utilities And Insurance) Then Subtract The Mortgage At $825.86 Equals $866.65 Per Month As An Investment. So How Much Do You Pay For Rent Now This $866.65 Could Pay For Your Mortgage Or Rent.
Property Details
Community
City
Property Type
Detached, 2-Storey
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