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Bedrooms: 4
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Bathrooms: 2
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Living area: 1584 square feet
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MLS®: 202405929
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Type: Residential
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Added: 37 days ago
Property Details
4A//Winnipeg/CASH FLOW OPPORTUNITY!!!! Welcome to 507 Boyd Ave. Solid & straight Duplex with a great source of rental income!! This property consists of two separate living units. Each unit is self-contained with its own entrance 2 BR's, 4 piece bath, living room, kitchen and in-suite laundry. Upper unit is recently renovated with new kitchen, flooring & paint. Main floor unit with basement is currently rented for $1,250/mth + util, Upper unit is currently rented for $1,350/mth + util. Total Rent is $2,600/mth or $31,200/year!! Great investment opportunity...CASH FLOW almost $1,000/month!! Additional Features inc: separate hydro metres, front and rear entry for both units, updated electrical, PVC windows, newer shingles, appliances included, rear parking for 4 vehicles & more! A definite must see! (id:1945)
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Property Information
- Sewer: Municipal sewage system
- Heating: Forced air, Natural gas
- List AOR: Winnipeg
- Stories: 2.5
- Tax Year: 2023
- Flooring: Laminate, Wood, Wall-to-wall carpet
- Year Built: 1907
- Living Area: 1584
- Lot Features: Low maintenance yard, No Pet Home
- Photos Count: 22
- Water Source: Municipal water
- Bedrooms Total: 4
- Structure Type: House
- Common Interest: Freehold
- Parking Features: Rear
- Road Surface Type: Paved road
- Tax Annual Amount: 2370
- Lot Size Dimensions: 33 x 91
Room Dimensions
Type |
Level |
Dimensions |
Bedroom |
Main level |
|
Bedroom |
Main level |
|
Bedroom |
Upper Level |
|
Bedroom |
Upper Level |
|
Kitchen |
Main level |
|
Kitchen |
Upper Level |
|
Living room |
Upper Level |
|
Living room |
Main level |
|
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Similar Houses Stat in Winnipeg
We have found 6 Houses that closely match the specifications of the property located at 507 Boyd Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 250,000 and 354,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the R2W1P7 postal code area of Winnipeg Manitoba Canada.
507 Boyd Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 507 Boyd Avenue. The current price of the property is $259,900, 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 $207,920. This would result in a monthly mortgage payment of $1,215 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
10
|
Bachelor's degree
|
15
|
Certificate of Qualification
|
10
|
College
|
30
|
University degree at bachelor level or above
|
15
|
Neighbourhood Marital Status Stat
Married
|
115
|
Widowed
|
15
|
Divorced
|
30
|
Separated
|
20
|
Never married
|
180
|
Living common law
|
40
|
Married or living common law
|
155
|
Not married and not living common law
|
240
|
Neighbourhood Construction Date
1961 to 1980
|
45
|
1981 to 1990
|
15
|
1991 to 2000
|
20
|
2001 to 2005
|
10
|
1960 or before
|
95
|