197 Bensinger Way, Stittsville - Munster - Richmond, ON K2S 0P4

$779,999
4
BD
4
BA
1,500
SqFt

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List Price
$779,999
MLS#
X13867860
Status
ACTIVE
Type
Condo
SubType
Att/Row/Townhouse
Style
2-Storey
Bedrooms
4
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Stittsville - Munster - Richmond
Area
Ottawa
Neighborhood
8211 - Stittsville (North)
Subdivision
Bensinger Way And Grenadine St

Property Description

BRING FAMILY CLOSER WITHOUT SACRIFICING PRIVACY! The Duo Collection features a beautiful 2-storey home plus a fully finished lower-level secondary dwelling with its own private entrance, kitchen, laundry and HVAC system. Two Rental Units. One Real Estate Investment.Discover an opportunity to own a townhome duplex with two separate rental units generating a combined rental income of $4,000 per month, or $48,000 annually.The Investment at a Glance- Purchase price: $779,999- Down payment: $156,000 (20%)- Illustrative mortgage: $623,999- Financing assumption: 4.99% fixed interest rate, amortized over 30 years- Upper unit rental income: $2,200 per month- Lower apartment rental income: $1,800 per month- Total monthly rental income: $4,000- Total annual rental income: $48,000- Gross rental yield: Approximately 6.15%Why Consider Maple Grove?Two income streams. Generate rental income from two separate residential units within one property.An established rental model. With combined rents of $4,000 per month, investors can evaluate the property's income potential against financing and operating costs.Long-term real estate potential. In addition to rental income, investors may benefit from mortgage principal reduction and potential property appreciation over time. Neither appreciation nor future rental increases are guaranteed.An investment you can evaluate with real numbers. Review the rental income, financing assumptions and operating expenses to determine whether the property aligns with your investment objectives.Your Next Investment Could Be Maple Grove.All mortgage figures are estimates based on the stated interest rate and amortization, subject to lender approval and financing terms. Gross rental yield is before expenses and is not the cap rate or net ROI. Actual returns depend on operating expenses, vacancy, financing, taxes, maintenance and other costs. Investors should independently verify rental income, expenses and applicable legal requirements.

Additional Information

Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Vinyl Siding, Brick
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
2

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Listing courtesy of BENNETT PROPERTY SHOP REALTY.