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HomeBlogsReal EstateDiscover Your Dream Home: Spacious Detached Bungalow in a Serene Neighborhood!

Discover Your Dream Home: Spacious Detached Bungalow in a Serene Neighborhood!

Explore This 2100 Sqft Bungalow: The Advantages of a Separate Basement Apartment Don’t Miss Out on This Exceptional Property.

  • Listed Price: $ 799,888
  • 2100 sqft detached bungalow in a quiet neighbourhood
  • Spacious living room and modern kitchen
  • Private backyard, perfect for relaxation
  • Separate entry basement apartment with 2 bedrooms
  • Great for rental income or extended family
  • Annual Tax: $3, 969 / 2023
  • Property Type: Detached, Single Family Residence, Bungalow
  • Year Built:1961
  • Size:1000 feet²
  • Lot Dimensions: 50 x 110 feet
  • Parking: 1 garage, Total 4 Parking
  • Basement: Finished

This property is a great deal due to its versatile living space, featuring a separate entry basement apartment perfect for extended family or rental income.

With 2100 sqft, it offers a spacious living room and a modern kitchen, enhancing comfort. The private backyard provides a tranquil area for relaxation and gatherings.

Located in a peaceful neighbourhood, it’s an ideal spot for families. The income potential from the basement adds significant value, making this bungalow an attractive investment opportunity.

Numbers are given below –  

If you plan to buy this property and lock the deal below 3% of the current listing price, you will need about $165k to cover all closing costs. Below is a detailed cost breakdown:

If the mortgage interest rate is approximately 5% and the amortization period spans 25 years, your monthly mortgage payment would be around $ 3,959 to maintain ownership of this property. Here’s a detailed breakdown:

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