About this propertyMLS® 1304800
Welcome to Twin Brooks Condos! This beautifully maintained, fully developed condominium offers three bedrooms and three bathrooms, combining comfortable living with a functional layout. The main floor features an open-concept living and dining area, perfect for entertaining or relaxing with family, along with a spacious eat-in kitchen with a door leading to the patio deck—an ideal spot to enjoy your morning coffee or unwind outdoors. The primary bedroom features a private ensuite and walk-in closet, while hardwood floors add warmth and character throughout. Backing onto a greenbelt, this property offers a peaceful setting with added privacy. Located in a well-established 55+ condominium community, this unit offers low-maintenance living, a quiet atmosphere, and easy access to everyday amenities. The seller hereby directs the listing brokerage that there will be no conveyance of offers prior to 11:00am, Monday, November 2nd, offers to be left open until 4:00pm the same day. (id:56688)
Property details
Coordinates: [47.492623, -52.801727]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Bedroom Hobby room Recreation room | 8 x 10 null 4 pc 12.2 x 12.4 null 24 x 14 null 14 x 15 null |
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Eat in kitchen Dining room Living room | 4 pc 8.9 x 10.8 null 3 pc 12 x 12.8 null 12.8 x 14.0 null 9.8 x 10.2 null 11.6 x 14.6 null |
Basic Calculator
First Mortgage: $271,200
Mortgage insurance premium: $0
Total Financing: $271,200
Rough closing fee (1.5%): ~ $5,085
Total downpayment with estimated closing fee: $72,885
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,341 | $28,092 |
| Gross rental income (income/principal ratio) | 0.691% | 8.287% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $424 | $5,088 |
| Vacancy | $118 | $1,405 |
| Management Fee | $188 | $2,248 |
| Expense / Income Ratio | 18.11% | 18.11% |
| Cash Flow | $1,613 | $19,356 |
| Net Operating Income (NOI) | $1,613 | $19,356 |
| Capitalization Rate | 0.48% | 5.71% |
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