$618,000
$629,900
1.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
SOLD DATE : 07/06/2023
Key Details
Sold Price $618,000
Property Type Condo
Sub Type Condo Townhouse
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1000-1199
Subdivision Two Rivers
MLS Listing ID X5998889
Sold Date 07/06/23
Style 3-Storey
Bedrooms 5
HOA Fees $318
Annual Tax Amount $2,959
Tax Year 2022
Property Sub-Type Condo Townhouse
Property Description
Fantastic Opportunity To Own 5-Bdrm, 3-Bath Investment Property W/Prime Central Location! Very Rare To Find 5-Bdrm Investment Property At Such Affordable Price. This Complex Is Popular Among University Students Making It The Perfect Opportunity For Investors Or Parents Of One Of The Students! Uofg Students Are Typically Paying $850-$1,000/Room. Potential Rents For This Unit Are Over $4,500 Which Would Generate Approx. $1,000 In Positive Cash Flow Each Mth. Or If You're Purchasing For Your Son Or Daughter To Live In They Can Live Rent-Free While You Build Equity! Less Than 20-Min Walk To University. Walking Distance To Amenities Downtown Offers: Restaurants, Boutique Shops, Bakeries, Nightlife & More! With Close Proximity To Go Station & Ongoing Redevelopment This Up-&-Coming Neighbourhood Is Excellent Option For Investors! Main Floor Features Open-Concept Kitchen & Lr/Dr. Upstairs Are 2 Bdrms W/Large Windows, 4Pc Bath & Balcony. Up A Few More Stairs Are 2 Add'l Bdrms & Another 4Pc Bath
Location
Province ON
County Wellington
Community Two Rivers
Area Wellington
Zoning R.3A-20
Rooms
Family Room No
Basement Finished, Full
Kitchen 1
Separate Den/Office 1
Interior
Cooling None
Exterior
Parking Features Mutual
Amenities Available Visitor Parking
Exposure East
Total Parking Spaces 1
Building
Locker None
Others
Pets Allowed Restricted
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