$230,000

Residential · MLS® A2288545
1Bedrooms
1Bathrooms
504.96Sq Ft
1Garage
2018Year Built
02 / Overview

PROPERTY OVERVIEW

Imagine coming home to a space that feels effortlessly calm, bright, and easy. Perched on the third floor in Auburn Bay, this beautifully maintained one-bedroom suite welcomes you with natural light that pours through the windows and, on clear days, offers a subtle view of the city skyline in the distance. Lovingly cared for by its original owner, the pride of ownership is evident the moment you step inside. The layout is well designed—every square inch thoughtfully planned so there’s...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area504.96 sq ft
ZoningM-2 d210
HeatingHot Water • Natural Gas
CoolingNone
ParkingStall • Titled
ExteriorBalcony
Year Built2018
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$846After mortgage & expenses
Cap Rate0.1%Based on market rents
Cash on Cash Return-22.1%With 20% down payment
Est. Monthly Rent$934Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

AUBURN BAY

Moderate Investment
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Investment Score73/100
Avg Home Price$557K
Active Listings50
Listed by Lana Wright · Real Estate Professionals Inc.