Sound Property Investment in a Stable First World Economy

These type of property are very popular and tend to sell fast - usually before they are put on our site!

Please contact us regarding current availibility and to discuss your specific requirements.

#303 - 522 X AVENUE S

Excellent 3rd floor 1 bedroom condo in Meadow Green. Completely renovated in 2008. This unit features new laminate flooring, new ceramic tiles, new kitchen cupboards, countertops, new AC, new sliding patio doors overlooking park, nice sized storage room 4 x 6 feet, new light and plumbing fixtures, new black appliances, plus more! Perfect buy for first time home buyers. Call for your private viewing today.

Purchase price:

117900

Down payment (35%):

41265

Mortgage loan amount:

76635

Capital & Interest repmt pcm

484.23

Taxes per month:

199.41

Mortgage & Tax pcm

683.64

Interest only element pcm

350.61

 

 

Rent per month:

650

Property management fee:

65

Cash flow per month:

-98.64

 

 

Taxes per year:

2393

 

 

Insert values only in the coloured boxes!!

 

Return on Capital Invested pa

1.02%

Gross Rental Yield

6.62%

**Taxes include yearly condo fees when applicable**

 

* Mortgage payment based on 5.75% interest amortized over 35 years

*Property management fee of 10%

 

* Does not include fire insurance.

 

* Does not include any utilities if applicable