5 beds · 2 baths · 1307 sqft
SPLENDID QUEEN’S STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%. (id:39198)
Building Type House, Detached
Year built
Square Footage 1307 sqft
Stories 2
Bedrooms 5
Bathrooms 2
Parking 2
Neighbourhood22 - East of Sir John A. Blvd
Land size under 1/2 acre
Heating type Forced air
Basement typeFull (Finished)
Parking Type
Time on REALTOR.ca50 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Royal LePage ProAlliance Realty, Brokerage
Home price
$699,900
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.
$6,367 / month
Rent $5,630
Savings $736
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$5,611 / month
Rent $5,458
Savings $153
Initial deposit 5%
Savings target Fixed at 5%