Hello REIN colleagues.
Three weeks ago we decided to sell one of our 11 rental properties in NOTL. I sent an email to a dozen of my investor friernds and the house was sold in a day.
Now we have another one for sale.
This time no rreply from my colleagues so I'm posting on REIN for a few days because if nothing happens by next Monday I'll call a realtor I know can sell that place in a couple of days.
It's that hot!
Address is 33 Keith Crescent. The house is one unit in a quad. Freehold.
Rented for one more year at $1650 + utilities.
House completed in July 2014, so pretty new, comes with custom blinds and 6 high quality appliances.
Asking $359,000.
Taxes are about $2650 a year.
It is rented for $1650, insurance is $100, taxes is $235, mortgage could be about $1150, plus $115 for hot water heater and AC rental, total cost $1600. So it cashflows $50 a month...until you raise the rent...But the beauty is that houses value has gone up over 20% since they were completed in July 2014...
It's a 3 bedroom, 2.5 baths, unfinished basement, but with many extras: backsplash, granite counter tops, 6 (stainless steel) appliances, pot lights, and much more.
Let me know if you are interested and I'll supply way more information .
I have a couple photos but the files are too large. I'll gladly send them to the interested parties.
Talk soon.
Three weeks ago we decided to sell one of our 11 rental properties in NOTL. I sent an email to a dozen of my investor friernds and the house was sold in a day.
Now we have another one for sale.
This time no rreply from my colleagues so I'm posting on REIN for a few days because if nothing happens by next Monday I'll call a realtor I know can sell that place in a couple of days.
It's that hot!
Address is 33 Keith Crescent. The house is one unit in a quad. Freehold.
Rented for one more year at $1650 + utilities.
House completed in July 2014, so pretty new, comes with custom blinds and 6 high quality appliances.
Asking $359,000.
Taxes are about $2650 a year.
It is rented for $1650, insurance is $100, taxes is $235, mortgage could be about $1150, plus $115 for hot water heater and AC rental, total cost $1600. So it cashflows $50 a month...until you raise the rent...But the beauty is that houses value has gone up over 20% since they were completed in July 2014...
It's a 3 bedroom, 2.5 baths, unfinished basement, but with many extras: backsplash, granite counter tops, 6 (stainless steel) appliances, pot lights, and much more.
Let me know if you are interested and I'll supply way more information .
I have a couple photos but the files are too large. I'll gladly send them to the interested parties.
Talk soon.