$497,000

Residential ยท MLSยฎ A2239465
4Bedrooms
2Bathrooms
989.31Sq Ft
0Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Backing onto a green space sits this updated bungalow with a self-contained secondary ILLEGAL suite, basement. Ideally located within walking distance to schools and transit. easy access to major thoroughfares and a variety of shops and restaurants located nearby make this a much sought-after community. Spacious and bright this exceptional home allows for 2 rental opportunities, a mortgage helper or extended family members in the secondary ILLEGAL suite, with separate entrances for privacy. The main floor is open and bright...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area989.31 sq ft
Lot Size5,930 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingNone
ExteriorOther
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$271After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.3%With 20% down payment
Est. Monthly Rent$1,931Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ABBEYDALE

Moderate Investment
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Investment Score68/100
Avg Home Price$368K
Active Listings12
Listed by Vivek Saini ยท RE/MAX iRealty Innovations