
About this propertyMLS® 1303048
LOCATED IN BEAUTIFUL ADAMS POND AREA ON LAKEWYNDS DRIVE THIS BEAUTIFUL 2 APT HOME WITH ATTACHED GARAGE BUILT BY SYNARD CONSTRUCTION WILL FEATURE 3 BEDROOMS ON MAIN WITH PRIMARY SUITE INCLUDING ENSUITE, WALK IN CLOSET. THE OPEN CONCEPT MAIN FLOOR INCLUDES A BRIGHT AND SPACIOUS KITCHEN WITH ISLAND, DINING AND LIVING ROOM. THIS FANTASTIC PROPERTY ALSO INCLUDES MINI SPLIT ON MAIN, FULL LANDSCAPING , DOUBLE PAVED DRIVEWAY, 12 POT LIGHTS, PLYWOOD CONSTRUCTION. THE REGISTERED 2 BEDROOM APT IS A FANTASTIC WAY TO OFFSET YOUR MTG PAYMENTS AND WITH NO STAIRS, ITS IDEAL FOR PARENTS. BASEMENT APT CAN BE 2 BEDROOM OR LARGE 1 BEDROOM WITH EXTRA SPACE ALLOCATED TO MAIN AS REC ROOM. LOCATION IS IDEAL WITH QUICK ACCESS TO WALKING TRAIL, TIM'S, STARBUCKS, NO FRILLS, SOBEYS ETC. HST ASSIGNED BACK TO BUILDER ON CLOSE (id:56688)
Property details
Coordinates: [47.530029, -52.888301]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known | 4pc 25.0 x 11.5 null 11.0 x 9.0 null 11.10 x 10.6 null |
| Main level | Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom Living room Kitchen | 8.10 x 10.0 null 8.10 x 11.4 null 4pc 4pc 12.0 x 12.9 null 11.2 x 17.8 null 16.10 x 12.9 null |
Basic Calculator
First Mortgage: $503,920
Mortgage insurance premium: $0
Total Financing: $503,920
Rough closing fee (1.5%): ~ $9,449
Total downpayment with estimated closing fee: $135,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,361 | $28,332 |
| Gross rental income (income/principal ratio) | 0.375% | 4.498% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $788 | $9,456 |
| Vacancy | $119 | $1,417 |
| Management Fee | $189 | $2,267 |
| Expense / Income Ratio | 33.38% | 33.38% |
| Cash Flow | $1,267 | $15,204 |
| Net Operating Income (NOI) | $1,267 | $15,204 |
| Capitalization Rate | 0.20% | 2.41% |
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