$579,900

Residential · MLS® A2230160
5Bedrooms
1Bathrooms
1,006.86Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

This well-located property sits just steps from bustling International Avenue, offering unmatched access to shops, dining, transit, and downtown. The home rests on a spacious lot and includes a separate basement 2 bed rooms illegal suite—ideal for extended family, tenants, or future redevelopment potential. Whether you're an investor searching for strong rental returns or a developer eyeing your next infill project, this property checks all the boxes. With strong upside and tons of flexibility, this is your chance to secure...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,006.86 sq ft
Lot Size6,286 sq ft
ZoningM-C1
HeatingStandard • Forced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorOther
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$558After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.8%With 20% down payment
Est. Monthly Rent$2,012Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST LAWN

Moderate Investment
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Investment Score65/100
Avg Home Price$573K
Active Listings32
Listed by Naseer Adeel · RE/MAX Key