$720,000

$749,000For salePrice drop↓ $29,000 (4%)

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25 Riverside Drive, Montague - Multi-family for Sale

25 Riverside Drive, Montague, Prince Edward Island, C0A1R0

16,117 sq ft (0.37 ac) lot sizeListed 56 days ago

Overview

14 Riverside Drive, Montague, Prince Edward Island, C0A1R0

Listed by PROVINCIAL REALTY

Investment analysis

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$720,000

Montague

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This multi-family property in Montague is for sale. It has been on the market 56 days, fresher than the Montague average of 127 days.

Description

Brand-new duplex with 1,616 sq. ft. per side, featuring 8 bedrooms and 8 full bathrooms, including 2 master ensuites in each unit. Laminate flooring throughout. Good quality vinyl flooring in bathrooms and entry. Built for comfort and efficiency with an ICF foundation, 9-ft ceilings on the lower level, and 4 air exchangers. Kitchen appliances included in both units. Ideal for homeowners and investors; live in one unit and rent the other, or maximize income by renting both. Don't miss this early opportunity to own a modern, income-generating property! (id:66096)

Property Details

MLS®: 202622747
Property Type: Multi-family
Zoning: Multi-Family
Lot Size: 16,117 sq ft (0.37 ac)
Storeys: 2
Heating: Electric, Radiator, Central Heat Pump
Garage: Parking Space(s)
Ownership: Freehold
Property Tax: $4,046/yr
Listed: 56 days ago

Features

Appliances: Refrigerator, Dishwasher, Stove
Flooring: Laminate, Vinyl
Foundation: Unknown
Exterior: Vinyl

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Montague listings, avg age

127d

List price

$720K

Haho

This multi-family in Montague has been listed for 56 days, which is 71 days fresher than the city average of 127. Act while there is still low competition.

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Listed by CENTURY 21 COLONIAL REALTY INC · Lyla Li

Location

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$720,000

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Full Cost Breakdown

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Down Payment6.53% · $47,000

Min 6.53%50%

Mortgage payment$3,731/mo

↳ CMHC premium ($26,920 capitalized)

Property tax (est.)$337/mo

Total monthly$4,068

Cash Needed to Close

Down payment (6.53%)$47,000

Land transfer tax$10,800

Est. closing costs$4,660

Total cash needed$62,460

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