$224,000

Residential · MLS® A2283035
1Bedrooms
1Bathrooms
565.72Sq Ft
1Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Located on the second floor of the building, this sweet, charming condo features a large, private, south-facing balcony in a beautiful setting on a quiet street in Lower Mount Royal. Located on the quiet rear side of the building, the open floor plan offers new LVP flooring throughout, a functional kitchen, generous in-suite storage (plus a separate secured locker on the main floor) and complete in-suite laundry.

The spacious bedroom includes a double closet and easily accommodates a king-sized bed. Enjoy...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area565.72 sq ft
ZoningM-C2
HeatingBoiler
CoolingNone
ParkingCarport • Stall
ExteriorBalcony
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$463After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.4%With 20% down payment
Est. Monthly Rent$1,040Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Strong Investment
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Investment Score76/100
Avg Home Price$438K
Active Listings19
Listed by Marti Bogue · Charles