$322,500

Residential · MLS® A2280768
2Bedrooms
2Bathrooms
653.39Sq Ft
1Garage
2021Year Built
02 / Overview

PROPERTY OVERVIEW

This 2-bedroom, 2-bathroom condo with AC offers a refined take on lake community living, complete with low condo fees of $327.50 including heat and water, titled underground parking, an assigned storage locker, in-suite laundry, and full access to the highly desirable Auburn Bay lake community. As you step inside, you’re welcomed by a well-appointed entryway with a convenient coat closet to your left. From here, the home opens up beautifully into the kitchen and main living space, immediately setting the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area653.39 sq ft
ZoningM-2 d210
HeatingBaseboard
CoolingWall Unit(s)
ParkingEnclosed • Heated Garage • Titled • Underground
ExteriorBalcony
Year Built2021
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,022After mortgage & expenses
Cap Rate0.7%Based on market rents
Cash on Cash Return-19.0%With 20% down payment
Est. Monthly Rent$1,243Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

AUBURN BAY

Moderate Investment
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Investment Score70/100
Avg Home Price$557K
Active Listings50
Listed by Daniyal Nasiri · MaxWell Canyon Creek