$669,000

Residential · MLS® A2282069
3Bedrooms
1Bathrooms
904.17Sq Ft
3Garage
1983Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this unique development opportunity in the NE community of Castleridge! Complete with approved permits & plans for a rare, 3 unit townhouse complex which includes finished legal basement suites! That's a total of 6 units! This is located is a high demand rental community, which offers numerous schools, transit - including LRT, shopping and various other amenities. The property currently has a 900sqft bi-level home on it. Perfect for the savvy investor!

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area904.17 sq ft
Lot Size7,018 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built1983
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,233After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-11.1%With 20% down payment
Est. Monthly Rent$1,732Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CASTLERIDGE

Moderate Investment
Loading map...
Investment Score69/100
Avg Home Price$483K
Active Listings17
Listed by Immy Gangji · CIR Realty