$775,000

Residential · MLS® A2283660
2Bedrooms
3Bathrooms
1,867.75Sq Ft
2Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

You will find exceptional value in this renovated, one and half storey, bungalow with loft home in the sought-after neighbourhood of Midnapore! Not only do you have access to Lake Midnapore and its amenities, but you also have a one-of-a-kind opportunity to live on a ridge, backing directly onto Fish Creek Provincial Park, with spectacular views, all at an affordable price. This 2 bedroom, 3 bathroom home features over 1,850 sqft and is well cared for with thought put into...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,867.75 sq ft
ZoningM-CG d29
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached
ExteriorNone
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$914After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.1%With 20% down payment
Est. Monthly Rent$3,369Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MIDNAPORE

Strong Investment
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Investment Score76/100
Avg Home Price$449K
Active Listings14
Listed by Anthony Stirling · The Real Estate District