About this propertyMLS® 1301360
Welcome to this pristine, turn-key residence situated on one of the most highly sought-after streets in Southlands. Offering ultimate privacy, this property backs onto a greenbelt and features a fully fenced backyard perfectly positioned to capture the warm evening sun. A spectacular feature of this outdoor oasis is the private gate in the back fence, opening directly onto the walking trail—allowing you to step straight out of your own backyard and onto the path. A massive bonus is the large, detached shed—fully equipped with a cozy wood stove, making it the ultimate workspace, hobby shop, or detached retreat. Inside, the home boasts a spacious, sun-drenched open-concept main floor designed for effortless entertaining. The gourmet kitchen is a chef’s delight, complete with a highly coveted walk-in pantry. Downstairs, the beautifully finished basement expands your living space significantly. It features a large fourth bedroom, a full bathroom with a walk-in shower, and an extra-large recreation room that is perfectly laid out for a dream home theatre. Complete with an attached garage, abundant storage, and meticulous maintenance throughout, this home offers an unparalleled lifestyle on a truly beautiful street. Impeccable homes on streets this desirable rarely last long—schedule your private tour today! Please note that some of the pictures are virtually staged. (id:56688)
Property details
Coordinates: [47.486513, -52.82026]
Rooms
| Lower level | Family room Bedroom | 22.6x17.6 null 12.6x11.6 null |
| Second level | Bedroom Bedroom Primary Bedroom | 13x11.9 null 12.6x9.6 null 16x12 null |
| Main level | Not known Living room Foyer Kitchen | 8x6 null 18x15 null 7.4x5.6 null 27x12 null |
Basic Calculator
First Mortgage: $527,920
Mortgage insurance premium: $0
Total Financing: $527,920
Rough closing fee (1.5%): ~ $9,899
Total downpayment with estimated closing fee: $141,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,883 | $34,596 |
| Gross rental income (income/principal ratio) | 0.437% | 5.243% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $825 | $9,900 |
| Vacancy | $145 | $1,730 |
| Management Fee | $231 | $2,768 |
| Expense / Income Ratio | 28.62% | 28.62% |
| Cash Flow | $1,684 | $20,208 |
| Net Operating Income (NOI) | $1,684 | $20,208 |
| Capitalization Rate | 0.26% | 3.06% |
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