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, Cambridge
$499,999
Rare income generating opportunity. This versatile property featres two self contained units, making it ideal for inventors, multi generational families, or owner occupants looking to offset their mortgage. The main unit offers 2 bedroom + den, a spacious living area, separate kitchen and private laundary, while the second unit includes 1 bedroom, its own kitchen, living space and laundary. Currently tenanted, with vacant possession available on closing. Well maintained with endless potential in a convenient location close to schools, parks, shopping and transit. Dont miss thi exceptional opportunity.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,096 |
| Lot Size | 93.67 ft x 129.93 ft |
| mls© Number | X13600276 |
| Listed By | SUMMIT REALTY EXPERTS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $258
- Heat allowance
- $150
- Housing costs
- $2,967 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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