518 Polson Avenue Sinclair Park (Winnipeg, Manitoba, CA - R2W 0N8) Built

$99,900

RE/MAX Real Estate

Chris Kenny Chris Kenny 204.318.6794 (Office) 204.318.6794 (Cell) Request More Info

  • Type: Residential
  • Style: Single Story
  • Bedrooms: 3
  • Bathrooms: 1
  • Garage: "Parking Pad"
  • Size: 946 sq. ft.
  • Development Level: Built
  • Lot Size: 26ft x 93ft
  • Taxes: $1,410.14 (2019)
  • MLS ® #: 202006629
  • Basement: Yes, Partial

Description

CALLING ALL INVESTORS!!! Offers on Tuesday March 31@ 5pm. One of the best deals in 2020 that you'll come across. Cost to OWN (mortgage $366/per month(@2.69% on a 25 yr amortization) taxes $118 per month / home insurance $50 per month ) totalling only $534 per month! Home would easily rent for $1150 + utilities (approx. $100/month). $616 would be your monthly take home equaling $7392 a year! Where else would you be able to have this cash flow?! Unlike stocks which are fluctuating lately, buying solid real estate continues to be a sound investment! One of the lowest vacancy rates in the country, you shouldn't need a second look!
Possible cap rate: 11.8%
Unlike stocks which are fluctuating lately, buying solid real estate continues to be a sound investment! One of the lowest vacancy rates in the country, you shouldn't need a second look! Possible cap rate: 11.8% With as little as 20% down ($20,000) + Land Transfer Tax $470 and closing costs $1200, you can own this home for $21,670! Pull some equity out of your current portfolio, and add another home to your list! This home is perfect! Three bedroom, 1 bathroom home, turnkey and ready to go! This home is incredibly clean and looking for it's new owners!

Attachments

Features

Interior Features

  • Carpeted Floors
  • Laminate Floors
  • Window Covers

Exterior Finish

  • Brick
  • Cedar
  • Stucco

Appliances

  • Refrigerator
  • Stove

Heating

  • Natural Gas

Sewer/Water Systems

  • Public

Lot Features

  • Garden Area
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Information is deemed to be correct but not guaranteed.

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