$479,700

Residential · MLS® A2282709
2Bedrooms
2Bathrooms
1,050Sq Ft
1Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

Located in a newer concrete tower steps from all conveniences in the prestigious Groves of Varsity, this 5th floor 2 bedroom, 2 bathroom nearly 1,100 sq. ft. corner condo stands out. In perfect condition throughout, the open-concept living area opens to an upgraded kitchen on one side, and it also separates the spacious bedrooms (both with walk-in closets) for optimal privacy. The primary bedroom’s luxurious ensuite features TWO sinks in the quartz countertop over a cabinet with drawers, and a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys10
Total Finished Area1,050 sq ft
ZoningDC
HeatingFan Coil • Natural Gas
CoolingCentral Air
ParkingStall • Underground
ExteriorOther
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$982After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.3%With 20% down payment
Est. Monthly Rent$1,938Based 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 Dal Dhillon · RE/MAX First