Featured Imagery

Exceptional Property

85 Evans Avenue, Fairview

$3,200,000

null Bedrooms

null Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Multi-family

Style

Apartment

Year Built

1965

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Turnkey 12-Unit Investment Opportunity! Fully renovated from top to bottom in 2021, this four-level multifamily building features 12 self-contained units - 6x1 bedroom and 6x2 bedroom - designed for long-term rental success. Each unit is stylishly finished with granite countertops and six appliances, appealing to todays discerning tenants. Privat...

MLS Number

202510874

Listed By

Royal LePage Anchor Realty

Last Updated

Jul 22, 2025, 1:45 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Multi-family

Architectural Style

Apartment

Year Built

1965

Interior Features

Flooring

Laminate, Ceramic Tile

Exterior & Surroundings

Exterior Construction

Vinyl, Aluminum siding

Foundation

Concrete Perimeter

Additional Amenities

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 202510874

List Date

May 14, 2025, 11:52 a.m.

List Price

$3,200,000

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.