$209,000

Residential · MLS® A2285986
1Bedrooms
1Bathrooms
761Sq Ft
1Garage
1982Year Built
02 / Overview

PROPERTY OVERVIEW

Big on space, big on lifestyle, and refreshingly removed from the downtown rush (while remaining conveniently central) - this 758 sq ft one-bedroom offers something many inner-city condos don't: room to actually live. In a market full of compact one-bedrooms, this floorplan offers generous proportions that can accomodate full-sized (not fun-sized) furniture, truly setting it apart. The layout feels open and intentional, anchored by a massive kitchen island that naturally becomes the centre of the home in this unique and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area761 sq ft
ZoningM-H1
HeatingBaseboard • Hot Water • Natural Gas
CoolingNone
ParkingAssigned • Covered • Parkade • Stall
ExteriorBalcony
Year Built1982
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$180After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.2%With 20% down payment
Est. Monthly Rent$1,382Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RICHMOND

Moderate Investment
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Investment Score66/100
Avg Home Price$1.1M
Active Listings34
Listed by Frances Dewinter · Optimum Realty Group