513 200 Brookpark Drive SW

Our fresh real estate investment tip of the week is suitable for first-time home buyers or for investors with less capital available, since the price is only $205,900. The two bedroom, 84.7 sqm condo is located in a great area — Braeside, just steps away from shops, parks, and schools. A well-equipped kitchen, new paint, a new furnace, a newer water tank, and an assigned parking stall mean that you can move in without further expenses.

As with each of our investment tips, this one has a golden feature. This condo boasts two bathrooms, which makes the offer unique. It is a comfortable home for a couple, but also for a family with one or two younger kids. Two bathrooms give investors the opportunity to appeal to a much broader target audience of tenants.

Monthly expenses on this beautifully renovated, 2 bedroom townhouse condo are only $1,300 including mortgage payment, condo fees, property tax, utilities (including water & sewer), a well managed complex, and plenty of visitor parking. You should consider this offer if you want to build your own equity, or to continue building landlord equity.

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