59 63 Chipman Avenue, Bridgetown

59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 1

7 Photos

59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 2
59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 3
59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 4
59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 5
59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 6
59 63 Chipman Avenue, Bridgetown, NS B0S1C0 Photo 7
  • MLS®: 202404757
  • Added: 42 days ago

Property Details

Welcome to an investor's dream! This prime income property boasts 8 units, each a testament to modern comfort and convenience. Built less than 20 years ago, this well-maintained residential complex stands as a beacon of reliability in the sought-after community of Bridgetown. Perfectly situated for convenience, it's a mere stroll to all amenities. Designed with ease of living in mind, each unit features 2 spacious bedrooms, 1 expansive bath, in-unit laundry, and an open-concept layout for seamless living. Seniors particularly adore the single-level slab construction, ensuring accessibility for all. Worried about income? Rest easy with this property's stellar tenancy record. With attached garages and charming patios, these units offer tenants the lifestyle they crave. Don't miss this worry-free opportunity for consistent returns! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Heat Pump
  • Basement: None
  • Flooring: Laminate, Vinyl
  • Appliances: Washer, Refrigerator, Stove, Dryer, Microwave Range Hood Combo
  • Directions: From Highway 101, Exit 20: West on Granville, North on Chipman to Civic.
  • Photos Count: 7
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 05148424
  • Structure Type: Apartment
  • Common Interest: Freehold
  • Exterior Features: Vinyl
  • Community Features: School Bus, Recreational Facilities
  • Foundation Details: Concrete Slab
  • Lot Size Dimensions: 1.0019

Features

  • Roof: Asphalt Shingle
  • Other: Community Features: Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Foundation: Slab, 8 Two Bedroom, 8 Occupied, Rental Income: 114608.86, Approximate Total Income: 114608.86, Insurance Expense: 5294, Maintenance Expense: 1727.75, Water and Sewage Expense: 5257.50, Snow and Garbage Expense: 485.25, Other Costs: 1937.12, Taxes Costs: 13426.96, Approximate Total Expenses: 29446.43, Approximate Net Income: 85162.43
  • Heating: Electric, Baseboard, Heat Pump -Ductless
  • Appliances: 8 Stoves, 8 Fridges, 8 Washers, 8 Dryers
  • Extra Features: Ensuite Bath
  • Interior Features: Flooring: Laminate, Vinyl
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal
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Nearby Places

Name Type Address Distance
Bridgetown Regional High School School 456 Granville St 0.4 km
Bridgetown Regional Elementary School School 7 Park St 0.4 km
Bridgetown, Nova Scotia Bridgetown is a Canadian community located in nort... 0.4 km
Bridgetown Regional High School It serves students from grades 6 to 12.... 0.4 km
Annapolis River CampGround Campground 56 Queen 0.6 km
Endless Shores Books and Other Treasures Book store 67 Queen St 0.7 km
End Of The Line Pub & Grill The Restaurant 73 Queen 0.8 km
Tim Hortons Store 640 Granville St 1.2 km
Carleton Corner This village was the site of the Battle of Bloody ... 2.7 km
Battle of Bloody Creek (1711) An Abenaki militia successfully ambushed British a... 2.8 km
Battle of Bloody Creek (1757) An Acadian and Mi'kmaq militia defeated a detachme... 2.8 km
Centrelea The former Britex (BRIdgetown TEXtiles) factory is... 3.5 km
59 63 Chipman Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 59 63 Chipman Avenue. The current price of the property is $1,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,200,000. This would result in a monthly mortgage payment of $7,014 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 35
College 100
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 200
Widowed 50
Divorced 35
Separated 15
Never married 85
Living common law 30
Married or living common law 220
Not married and not living common law 190

Neighbourhood Construction Date

1961 to 1980 70
1981 to 1990 20
1991 to 2000 10
2001 to 2005 10
2006 to 2010 10
1960 or before 120
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