$240,000

Residential · MLS® A2289056
1Bedrooms
1Bathrooms
636.96Sq Ft
1Garage
1980Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Landmark Estate II, a rare and well-located one-bedroom condo offering a truly unique feature—a private, fenced balcony with direct street access. This well-maintained unit is move-in ready and offers 636.96 sq. ft. of comfortable living space, highlighted by an inviting electric fireplace in the living room. Ideal as a first home or a long-term investment, the property benefits from its exceptional convenience and strong rental appeal. Located in the desirable Varsity community, it falls within the Sir Winston...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area636.96 sq ft
ZoningM-C1 d75
HeatingBaseboard
CoolingNone
ParkingStall
ExteriorBalcony • Private Yard
Year Built1980
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$300After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.5%With 20% down payment
Est. Monthly Rent$1,165Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Strong Investment
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Investment Score76/100
Avg Home Price$867K
Active Listings42
Listed by Parker Xiong · Homecare Realty Ltd.