Date Listed 27-Mar-17
Price $405,000.00
Address Edmonton, AB T5J4Y8
View map
Bedrooms (#) 4 bedrooms
Bathrooms (#) 2 bathrooms
Size (sqft) 1,650
For Sale By Owner
Cant' find an investment building that doesn't cost a fortune and need a pile of work? Then this 2 unit dwelling in Winnipeg, Manitoba is the rental building you've been looking for!
Brand new construction, featuring 2 separate entranced, separate metered, 2 bedroom suites. Quality finishes throughout, stainless steel appliances in both suites, you could live in one suite and rent the other! Secondary suite in the basement suite has variance approval. Engineered floor joists, spray foam joist ends, sump pump and quality 2x6 construction built to the most current building code. Brand new water and sewer lines to the city mean as a landlord you won't have problems with roots and backups. Parking stalls in the back.
The cash on cash return and ROI with your yearly equity pay downs from the rental income makes this an appealing property to add to your real estate portfolio.
Your R.O.I with equity gain is around 20% with a 5% cash on cash return.
http://www.kijiji.ca/v-house-for-sale/e ... nFlag=true