$345,000

Residential · MLS® A2287891
2Bedrooms
2Bathrooms
870.01Sq Ft
1Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Incredible value in this stylish, urban chic, two bedroom condo, perfectly located in Lower Mount Royal! This lovely unit offers a bright, open plan, completely refreshed in a neutral palette and complimented by contemporary finishings throughout. The kitchen provides a sophisticated, yet functional vibe and includes granite counters, stainless appliances, large pantry and opens to a comfortable living/dining room with striking, concrete gas fireplace. The master bedroom comes complete with a large 4 piece ensuite bath and walk-in closet. The...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area870.01 sq ft
ZoningM-C2
HeatingIn Floor • Fireplace(s)
CoolingNone
ParkingParkade • Underground
ExteriorBalcony
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$487After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.5%With 20% down payment
Est. Monthly Rent$1,623Based 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 Wendy Wacko · Royal LePage Solutions