About this propertyMLS® 1304903
Fully renovated down to the studs, this end-unit townhome pairs the character of an established downtown street with the finish and feel of a brand new build. The renovation includes all new electrical, plumbing, windows, and siding, so the next owners can buy with confidence. From the moment you step inside, you're greeted by 9-foot ceilings, bright, airy finishes, and pot lights throughout. The front living room is a comfortable, inviting space for gathering with family and friends. Toward the rear of the main floor, the kitchen, dining area, and family room flow together to form the heart of the home, complemented by a full bathroom and main floor laundry. Upstairs, you'll find three well proportioned bedrooms, a den that's ideal for a home office or reading nook, and a second full bathroom. As an end unit, the home enjoys an abundance of windows that fill the space with natural light. Heated by electric baseboard, with on-street parking. Located minutes from Victoria Park and the shops and restaurants of the downtown core, this is a turnkey opportunity for modern living in a central, established neighbourhood. (id:56688)
Property details
Coordinates: [47.556998, -52.717893]
Rooms
| Second level | Den Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 9.3 x 7.8 null 3 PC null 11 x 11 null 9.10 x 12.2 null 10.5 x 12.2 null |
| Main level | Bath (# pieces 1-6) Living room Dining nook Kitchen | 4 PC null 14.1 x 11 null 10.6 x 13 null 10.2 x 13 null |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,541 | $18,492 |
| Gross rental income (income/principal ratio) | 0.467% | 5.605% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $413 | $4,956 |
| Vacancy | $78 | $925 |
| Management Fee | $124 | $1,480 |
| Expense / Income Ratio | 26.80% | 26.80% |
| Cash Flow | $928 | $11,136 |
| Net Operating Income (NOI) | $928 | $11,136 |
| Capitalization Rate | 0.28% | 3.38% |
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