About this propertyMLS® 1304697
Welcome to this spacious multi-level home, perfectly situated on an oversized lot in a highly desirable cul-de-sac just off Topsail Road! Conveniently located just minutes from Bowring Park, shopping, schools, and all major amenities, this property offers the perfect combination of location, space, and functionality. Featuring 3 bedrooms, 1.5 bathrooms, and multiple levels of living space, this home offers plenty of room for the growing family. Recent upgrades include shingles replaced within the last 5 years, updated PEX plumbing, and new front and rear decks. Outside, you'll appreciate the oversized lot, offering plenty of room for outdoor activities, along with a newly constructed storage shed. The single attached garage provides additional storage and convenience. With its generous living space, fantastic location, and numerous upgrades, this home is a great opportunity for anyone looking to settle into an established and sought-after neighbourhood! (id:56688)
Property details
Coordinates: [47.528232, -52.757881]
Rooms
| Basement | Utility room Storage Bedroom | 7.10 X 13.4 null 8.4 X 13.5 null 12.2 X 9.6 null |
| Lower level | Bath (# pieces 1-6) Laundry room Family room | 5.4 X 4.6 null 12.4 X 8.11 null 23.11 X 12.4 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 5.3 X 9 null 9.2 X 9 null 9.2 X 9 null 15.6 X 12.4 null |
| Main level | Dining nook Kitchen Living room Foyer | 7.6 X 11.7 null 10 X 15 null 24.6 X 15 null 4.6 X 4.8 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,934 | $35,208 |
| Gross rental income (income/principal ratio) | 0.753% | 9.030% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $147 | $1,761 |
| Management Fee | $235 | $2,817 |
| Expense / Income Ratio | 16.63% | 16.63% |
| Cash Flow | $2,065 | $24,780 |
| Net Operating Income (NOI) | $2,065 | $24,780 |
| Capitalization Rate | 0.53% | 6.36% |
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