731 Beecher Ave

Turnkey investment property opportunity! Extensively refinished 1.5 storey house with 3 bedrooms & 1 bathroom in established suburban neighbourhood. Currently rented at $1495/month plus utilities. Potential net operating income of $200/month ($1495 rent minus a $955 mortgage payment (20% down, 25 year amortization, 3.09% interest rate) minus $240 for property taxes minus $100 for insurance). For your peace of mind & to attract & keep good tenants the entire interior of this house has been updated with sharp, contemporary finishes & durable materials. Some of the key updates undertaken were the kitchen, bathroom, flooring, shingles & appliances. The massive upper floor bedroom & the huge main floor bedroom are definitely a draw. There are also many neighbourhood conveniences to attract & keep the tenants happy including easy access to public transit, major traffic routes, a major shopping district, lots of restaurants & a hospital. Listing Realtor has a vested interest in this property.