This is the investment you have been looking for! Imagine owning 4 townhouses with NO condo fees! At a purchase price of $875,000 for the whole building, consider each unit worth $218,750 and currently renting for $1,200. The cash flow is much better than for equivalent townhomes with condo fees.
The tenants pay their own utilities. These spacious 1235 sq ft homes each has a living room, kitchen, dining area and 2 piece bath on the main floor, 3 bedrooms (big masters!) and a 4 piece bath upstairs, plus open basements with laundry areas. Each townhome also has vinyl windows and newer doors, a private fenced yard, shed and 2 parking stalls.
These are comfortable homes which attract long-term tenants. Two elementary schools are just a block away. This building is in a great location, across from the Leefield Community Centre and a huge park and playground
Red Key Realty
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