$249,900

Residential · MLS® A2272141
1Bedrooms
1Bathrooms
595.85Sq Ft
1Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

AMAZING LOCATION in the desirable community of Saddle Ridge just STEPS AWAY from the SADDLETOWN LRT Station and walking distance to a PLETHORA OF AMENITIES including restaurants, banks, grocery stores, schools, parks, playgrounds & GENESIS CENTRE making this an ideal choice for both first-time homebuyers and savvy investors seeking high rental income potential. This well maintained CORNER UNIT includes a TITLED OUTSIDE PARKING spot and offers tons of NATURAL LIGHT from the south facing windows & balcony overlooking the green...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area595.85 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard
CoolingNone
ParkingOff Street • Stall
ExteriorBalcony • Courtyard • Playground
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$277After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.7%With 20% down payment
Est. Monthly Rent$1,093Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SADDLE RIDGE

Moderate Investment
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Investment Score73/100
Avg Home Price$546K
Active Listings106
Listed by Anil Karmali · MaxWell Capital Realty