2 beds · 2 baths · 1201 sqft
This duplex is an excellent opportunity for investors looking for a reliable income property with a solid return on investment. Situated in a desirable area close to various amenities, it features two one-bedroom apartments that are ideal for single individuals or couples. Each unit provides a comfortable living space and includes an in-unit washer and dryer. Additionally, the property has an unfinished basement that is great for storage. In addition to the living quarters, the property includes a detached two-door garage, which offers added convenience for tenants or a useful storage area for the owner. With a 13.91% return on investment and rental yield equaling 1% of the purchase price, this duplex represents a solid investment with a steady cash flow. Its practical layout and favorable location further enhance its appeal as a reliable income property. (id:39198)
Building Type House
Year built
Square Footage 1201 sqft
Stories
Bedrooms 2
Bathrooms 2
Parking
Neighbourhood
Land size 0.155 ac
Heating type Baseboard heaters
Basement type
Parking Type
Time on REALTOR.ca16 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Keller Williams Capital Realty
Home price
$149,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$1,292 / month
Rent $1,189
Savings $102
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$1,202 / month
Rent $1,169
Savings $33
Initial deposit 5%
Savings target Fixed at 5%