Size
-
Lot size
431.07 sqm
Street frontage
-
Possession
Immediate
Price per sqm
-
Taxes
$4,519.25 (2024)
Parking Type
Garage
Style
2-Storey
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Description
Imagine owning this wonderful 1,800 sqft, 3 bed, 3.5 bath brick home with a garage for just $1,500 a month in mortgage payments! Yes, you read that right this could be your reality. Here's how: We'll add a fully legal 1-bedroom basement apartment with its own private entrance, and you could easily earn $1,500 a month in rental income. Even better? Half of this rental income can be added to your income to help you qualify for financing! With a purchase price of $688K, a 4% mortgage rate, and 25-year amortization, putting down $130,000 would normally give you a $3,000 monthly mortgage payment. But with the rental income, you're only looking at a net payment of $1,500 per month! And as interest rates continue to drop, going variable could save you even more. Want to flip the script? Live in the basement and rent out the upper level for $3,000 per month, and your mortgage payments could be covered entirely living for free! Or... rent the entire house out and let it pay for itself giving you positive cashflow. Located close to shopping, dining, highways, and Brock University, this is not just a home, it's a fantastic investment opportunity. Don't miss out!
EXTRAS:
EXTRAS:
Broker: RE/MAX GARDEN CITY REALTY INC, BROKERAGE
MLS®#: X9414508
Property details
Parking:
4
Parking type:
Garage
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
25.3 M
Listed on:
Sep 13, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living | 1.3 x 1.0 m | Fireplace, Hardwood Floor |
Main | Dining | 1.2 x 1.0 m | Hardwood Floor |
Main | Kitchen | 1.3 x 1.7 m | |
Main | Bathroom | Unknown | |
2nd | Br | 1.3 x 1.0 m | |
2nd | Br | 1.1 x 1.0 m | |
2nd | Br | 1.7 x 1.4 m | |
2nd | Bathroom | Unknown | Ensuite Bath |
2nd | Bathroom | Unknown | |
Bsmt | Great Rm | 1.9 x 1.8 m | |
Bsmt | Bathroom | Unknown |
Instant estimate:
orto view instant estimate
$3,458
higher than listed pricei
High
$723,906
Mid
$692,258
Low
$650,487