$375,000

For sale

195 Lerose Street, Trail - Single Family for Sale

195 Lerose Street, Trail, British Columbia, V1R3L7

4 beds2 baths1 parking1,580 ft²2,614 sq ft lot sizeListed 27 days ago

Overview

This 4-bedroom, 2-bathroom home in Trail is for sale offering roughly 1,580 sq ft of space. Listed at $375,000, it is attractively priced about 13% below the $429,900 median asking price in Trail. It has been on the market 27 days, fresher than the Trail average of 107 days.

Houses for Sale in Trail →All real estate in Trail →

Description

INVESTOR alert! 2 units: revenue-ready 3-bedroom + den main suite and bright 1-bedroom lower suite, both vacant October 31 so you can set full market rents. Lower suite has quartz counters, upgraded cabinets, flooring, shower tile surround, and a separate entrance. Main suite offers a generous eat-in kitchen, sensible layout, excellent storage options up or down, and a small balconette. Major upgrades: new sewer line (2024) with lift station + sump system, furnace (2024) and hot water tank (2026). Two electrical panels, shared laundry, low-maintenance yard, one off-street parking spot. Quiet residential street close to bus routes and next to public stairs. Historically a consistent revenue performer with long-term tenants. Market rents approx. $1,900 up / $1,100 down (based on comparable W. Trail rental properties). Strong income potential with the bonus that you choose your tenants from day one. OR live in one unit and rent the other - mortgage helper! (id:66096)

Property Details

MLS®: 10402098
Property Type: Single Family
Bedrooms: 4
Bathrooms: 2
Half Baths: 0
Parking: 1
Interior Size: 1,580 ft²
Lot Size: 2,614 sq ft
Year Built: 1937
Storeys: 4
Basement: Full
Heating: Baseboard heaters, Forced air, See remarks
Garage: Offset
Ownership: Freehold
Property Tax: $2,378.09/yr
Listed: 27 days ago

Rooms

Basement

Living room: 9'3'' x 14'
Laundry room: 5' x 10'
3pc Bathroom: 4'2'' x 9'1''
Primary Bedroom: 10'1'' x 10'7''
Kitchen: 9'8'' x 10'7''

Second level

Storage: 7'7'' x 9'6''
Bedroom: 9'9'' x 11'10''

Main level

Mud room: 3'5'' x 9'2''
Full bathroom: 5'8'' x 7'8''
Bedroom

Features

Exterior: Stucco

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Trail listings, avg age

107d

Price / ft²

$237

List price

$375K

Haho

This 4-bed single family in Trail has been listed for 27 days, which is 80 days fresher than the city average of 107. Act while there is still low competition.

Set a price alert Book a showing

Listed by Century 21 Kootenay Homes (2018) Ltd · Tonnie Stewart

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$375,000· $237/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$198/mo

Total monthly$2,173

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$5,500

Est. closing costs$3,625

Total cash needed$27,875

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator