$619,000

Residential · MLS® A2227612
2Bedrooms
2Bathrooms
1,059.3Sq Ft
2Garage
2020Year Built
02 / Overview

PROPERTY OVERVIEW

Former show suite in the stylish August building, furniture is included. This 2-bedroom, 2-full bathroom, plus den/3rd bedroom suite is a lovely, open-plan overlooking University Avenue. Features include 2-titled underground parking stalls, 9ft ceilings, upgraded luxury vinyl plank flooring, full-height cabinets, stainless steel appliances, quartz countertops, full-height backsplash, triple pane windows, and one of the largest balconies. This former show suite is equipped with 3 A/C units, 1 in each of the bedrooms and the third in the living room,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area1,059.3 sq ft
ZoningDC
HeatingBaseboard • Natural Gas
CoolingSep. HVAC Units
ParkingTitled • Underground
ExteriorBalcony • Barbecue
BasementNone
Year Built2020
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,564After mortgage & expenses
Cap Rate1.4%Based on market rents
Cash on Cash Return-15.2%With 20% down payment
Est. Monthly Rent$1,954Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY DISTRICT

Premium Investment
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Investment Score89/100
Avg Home Price$463K
Active Listings27
Listed by David Setter · CIR Realty