$899,000

Residential · MLS® A2263272
8Bedrooms
3Bathrooms
1,997.4Sq Ft
2Garage
1989Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully maintained and extensively updated 2-storey home in Kingsland, offering both comfort and excellent income potential!

With over 3,250 SqFt of total living space, this home features 6 rentable rooms on the main and upper floors plus a 2-bedroom basement suite (illegal), currently generating $4,650/month and projected to reach $6,250/month when fully rented with the basement suite.

The property has been thoughtfully upgraded throughout. The main and upper floors feature fresh interior paint, updated bathroom with new toilet...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,997.4 sq ft
Lot Size3,530 sq ft
ZoningH-GO
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorBalcony • Private Entrance • Private Yard
BasementFull
Year Built1989
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$89After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-0.6%With 20% down payment
Est. Monthly Rent$3,895Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

KINGSLAND

Moderate Investment
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Investment Score61/100
Avg Home Price$603K
Active Listings7
Listed by Sean Na · MaxWell Canyon Creek