4 beds · 4 baths · null
Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots. (id:39198)
Building Type Fourplex
Year built
Square Footage
Stories 2
Bedrooms 4
Bathrooms 4
Parking 3
Neighbourhood
Land size 56.08 x 105.04 FT
Heating type Forced air
Basement typeCrawl space
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: MYSAK REALTY INC.
Home price
$550,000
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.
$5,003 / month
Rent $4,424
Savings $579
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$4,409 / month
Rent $4,289
Savings $120
Initial deposit 5%
Savings target Fixed at 5%