Listing Presented by Bonnie Zhang, Agent with (780) 680-2088
MLS®#: E4176712 $439,900 8707 221 Street EDMONTON AB T5T 7H7
Description: ATTENTION INVESTORS AND HOME OWNERS LOOKING TO OFFSET THEIR MORTGAGE PAYMENT. Encore Master Builder Jasmine ll is a 3 bedroom 2.5 bathroom home with a fully contained legal basement suite. As an investor with 20% down at 2.85% mortgage payment would be $1640 plus approx $320 in property tax. Payment would be $1940 per month. Current rental for the area is $1900 for the main house and $1000 for the basement suite, for a positive cash flow at approx $960 per month not including utilities or management fee. As a live in home owner offset your mortgage and tax's of approx $2346 by renting the basement suite at $1000 per month to make your monthly payment at approx $1346 per month. The rental amounts are based on current rental properties in the area, purchasers to do their own research. Home is covered by Alberta New Home warranty. Appliances for both the main home and basement suite are included as we as the double parking pad at the rear of the home for future garage.
Full - Fully Finished