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.
More information about 513 200 Brookpark Drive SW.