About this propertyMLS® 1303378
Ideally located in trendy Georgestown, this beautifully renovated home with a rare driveway was rebuilt from the studs in 2017 & has been meticulously maintained and further improved since. Pride of ownership is evident throughout. The driveway, located on civic #14, features freshly laid pea gravel & provides convenient off-street parking for multiple vehicles. The bright main level features adjoining living & dining rooms with a cozy corner propane fireplace, flowing into the spacious kitchen at the rear. Overlooking the stunning, private landscaped garden, the kitchen offers an abundance of cabinetry, a centre island, stainless steel appliances & backsplash. The second level houses two generously sized bedrooms, a main bathroom with convenient laundry, plus a 2-piece powder room adjoining the front bedroom. The top level creates an impressive primary retreat featuring a spacious bedroom, bathroom with corner shower & office/reading room. A dry, insulated basement with lower ceiling height is accessible from the exterior & provides excellent storage. Additional highlights include a 4-head Lennox mini-split system installed December 2024, operating from two exterior units with snow covers, providing energy-efficient heating & cooling, as well as fresh paint in modern, on-trend colours. Completing the property is a heated & insulated bunkie at the rear of the garden—ideal as a home office for those working from home, music room, kids’ clubhouse or additional storage. Full list of improvements available upon request. No conveyence of offers until Thursday, October 1 @ 3:00pm and left open for acceptance until 8:00pm the same day. (id:56688)
Property details
Coordinates: [47.569794, -52.710705]
Rooms
| Basement | Storage | |
| Third level | Family room Bath (# pieces 1-6) Bedroom | 14.5 x 10.0 null 9.2 x 8.7 3pc 13.10 x 12.10 null |
| Second level | Bath (# pieces 1-6) Bedroom Ensuite Bedroom | 4pc 12.11 x 11.2 null 6.8 x 8.0 2pc 14.6 x 12.11 null |
| Main level | Living room/Dining room Kitchen | 26.1 x 14.0 null 11.2 x 11.11 null |
Basic Calculator
First Mortgage: $307,600
Mortgage insurance premium: $0
Total Financing: $307,600
Rough closing fee (1.5%): ~ $5,768
Total downpayment with estimated closing fee: $82,668
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,494 | $29,928 |
| Gross rental income (income/principal ratio) | 0.649% | 7.784% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $481 | $5,772 |
| Vacancy | $125 | $1,497 |
| Management Fee | $200 | $2,395 |
| Expense / Income Ratio | 19.29% | 19.29% |
| Cash Flow | $1,689 | $20,268 |
| Net Operating Income (NOI) | $1,689 | $20,268 |
| Capitalization Rate | 0.44% | 5.27% |
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