$216,500

Residential · MLS® A2230031
3Bedrooms
2Bathrooms
926Sq Ft
2Garage
1952Year Built
02 / Overview

PROPERTY OVERVIEW

Motivated Seller - Price Reduced! Affordable 3 Bedroom / 2 Bath Home with like new 24ft x 24ft Garage with concrete floor. Convenient & comfortable neighborhood close to Lakeland College. Beautiful trees and extra parking in driveway. Previous garden spot and Garden Shed. Call today, don’t delay! Vermilion is a wonderful stable community for people of all ages to live-in all year round, with many services on offer and activities to enjoy!

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area926 sq ft
Lot Size7,150 sq ft
ZoningR2- Residential
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Off Street
ExteriorStorage
BasementFull
Year Built1952
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$812After mortgage & expenses
Cap Rate9.0%Based on market rents
Cash on Cash Return22.5%With 20% down payment
Est. Monthly Rent$1,771Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Paul Corbiere · Real Estate Centre - Vermilion