About this propertyMLS® 1303535
Set in a quiet Paradise neighbourhood, this two-storey home features two apartments and an appealing layout with an open-concept main floor. Tenants have been given notice for January 1, offering an opportunity to plan for the property’s next chapter. There’s loads of potential here for homeowners, investors, or anyone looking for a versatile property. Enjoy the appeal of a peaceful residential setting with Paradise’s parks, trails, and recreation facilities nearby. From pond-side walks to community parks and local recreation options, the area offers plenty of ways to get outdoors and enjoy the neighbourhood. No conveyance of offers until Friday (id:56688)
Property details
Coordinates: [47.529053, -52.856059]
Rooms
| Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bath (# pieces 1-6) Bedroom | 3PCS 13X14 13X11 4PCS 12X11 |
| Main level | Porch Kitchen Bath (# pieces 1-6) Laundry room Family room Living room | 9X5 16X13 2PCS 4X10 12X10 16X13 |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-469 | $-5,628 |
| Net Operating Income (NOI) | $-469 | $-5,628 |
| Capitalization Rate | -0.13% | -1.50% |
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