5 beds · 2 baths · null
SPLENDID QUEENS 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
Stories 2
Bedrooms 5
Bathrooms 2
Parking 2
Neighbourhood
Land size 57.7 x 77.35 FT|under 1/2 acre
Heating type Forced air
Basement typeN/A (Finished)
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: ROYAL LEPAGE PROALLIANCE REALTY
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%