$499,900

Residential · MLS® A2234417
2Bedrooms
2Bathrooms
1,227.44Sq Ft
0Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Historic Anderson Estates, a beautiful heritage building with a rich history offering unique inner city living! At over 1,200 sf this is the largest unit in the building. This 2 Bedroom, 2 Bathroom unit, features original maple hardwood floors, 12' ceilings, 5' windows & dark stained 12" wide-oak baseboards throughout. The kitchen opens to the living room and dining area make the space open, and perfect for entertaining. Fully equipped with stainless steel appliances, tiled backsplash,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area1,227.44 sq ft
Lot Size12,062 sq ft
ZoningM-C2
HeatingBoiler • Natural Gas • Radiant
CoolingNone
ParkingNone • Unassigned
ExteriorCourtyard
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,089After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-13.1%With 20% down payment
Est. Monthly Rent$2,248Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Strong Investment
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Investment Score76/100
Avg Home Price$438K
Active Listings19
Listed by Chris Zaharko · Royal LePage Benchmark