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Glenn Simon Inc

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Detailed Information

  • Style: Ermineskin
  • Size: 1900 sqft
  • Price: $327,250
  • Bedrooms: 4
  • Bathrooms: 2.5
  • Parking: Garage

Detailed Information

  • Address: 104A St
  • City: Edmonton
  • Phone No.: 1-888-780-5940
  • Year Constructed: 1977
  • Area: South West
  • Appliances: 5
  • Reserve Fund: N/A
  • Condo Maintenance:
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  • Roof:
  • Approximate Closing Costs:
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  • Immediate Repairs and Supplies:
  • Staying Power Fund:
  • NCF:
  • Total Cost To Close: $46,640
  • Purchase Date: February 28 2008
  • Current Date: March 14, 2008
  • Current Value: $327,250
  • Investor's ROI: 31.1% per annum
  • Investor's Profit (estimated): $72,548
  • Other:
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Remarks: The stylish classic 4 bedroom bilevel style home is in an well established area and will attract equity building tenants who are willing to pay for quality.
Ermineskin is the south west part of Edmonton and near the not yet completed Anthony Henday ring road, not only will this positively affect property values but the convenient location will greatly improve tenants commute.

Additional Info: Ermineskin has an excellent mortgage already arranged at 6.2%
Your total investment is 13.9% of purchase price. Usually the down payment alone is 25% -35% so this is an incredibly low-down deal.
That means you get a great property and mortgage at a great rate.