$899,000

Residential · MLS® A2290330
8Bedrooms
3Bathrooms
1,997.4Sq Ft
2Garage
1989Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully maintained and extensively updated 2-storey home in Kingsland, offering both comfort and excellent income potential!

With over 3,250 SqFt of total living space, this home features 6 rentable rooms on the main and upper floors plus a 2-bedroom basement suite (illegal), currently generating $4,650/month and projected to reach $6,250/month when fully rented with the basement suite (illegal)

The property has been thoughtfully upgraded throughout. The main and upper floors feature fresh interior paint, updated bathroom with new toilet...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,997.4 sq ft
Lot Size3,530 sq ft
ZoningH-GO
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorBalcony • Private Entrance • Private Yard
BasementFull
Year Built1989
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$89After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-0.6%With 20% down payment
Est. Monthly Rent$3,895Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

KINGSLAND

Needs Review
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Investment Score56/100
Avg Home Price$603K
Active Listings7
Listed by Sean Na · MaxWell Canyon Creek