$449,900

Residential · MLS® A2276324
2Bedrooms
2Bathrooms
1,047Sq Ft
1Garage
2014Year Built
02 / Overview

PROPERTY OVERVIEW

Available for quick possession is this fantastic 2 bedroom condo in Statesman’s THE GROVES OF VARSITY, located on the 6th floor of the MONTEREY ONE tower of this exclusive concrete & steel project in Varsity. Bathed in warm & sunny natural light, this wonderful home enjoys engineered hardwood floors & high ceilings throughout, 2 full bathrooms, titled underground parking stall & dynamite residents' amenities including fitness centre & rooftop terrace. With its sunny South-facing exposure, you’ll just love the open...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys12
Total Finished Area1,047 sq ft
ZoningDC
HeatingFan Coil
CoolingCentral Air
ParkingParkade • Titled • Underground
ExteriorGarden
BasementNone
Year Built2014
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$823After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-11.0%With 20% down payment
Est. Monthly Rent$1,932Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Moderate Investment
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Investment Score74/100
Avg Home Price$867K
Active Listings42
Listed by Kirby Cox · Royal LePage Benchmark