$575,000

Residential · MLS® A2264397
5Bedrooms
3Bathrooms
1,107.6Sq Ft
0Garage
1987Year Built
02 / Overview

PROPERTY OVERVIEW

HOME SWEET HOME! This is your DESIRABLE, AFFORDABLE INVESTMENT OPPORTUNITY in the heart of Falconridge! Welcome to this freshly updated bi-level home offering 5 bedrooms, 3 bedrooms and 2,156+ SQFT of contemporary, move-in ready SQFT throughout and a ILLEGAL, WALKOUT BASEMENT SUITE giving you INCREDIBLE INVESTMENT and MORTGAGE HELPER POTENTIAL! Heading inside you will love the seamless, wonderfully maintained and recently renovated chic floor plan with a sun-drenched living room, formal dining area, modern chef’s kitchen complete with stainless steel...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,107.6 sq ft
Lot Size3,196 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance • Private Yard • Storage
BasementFull
Year Built1987
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$360After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-3.8%With 20% down payment
Est. Monthly Rent$2,188Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FALCONRIDGE

Strong Investment
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Investment Score75/100
Avg Home Price$473K
Active Listings29
Listed by Julie Vesuwalla · Century 21 Bamber Realty LTD.