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Investment signal

$305,000

27 Anderson Street

Beds

3

Baths

1

Sqft

Year

1976

About this home

This 3 bedroom, 1 bath townhouse is an end unit and is situated on a large lot, with a 12 X 24 Garage (Previous Wabush mines Garage). This home offers 1236 Sq Ft. on 2 levels and a undeveloped basement. The main floor has a back porch addition leading into the newly upgraded Kitchen that offers beautiful dark cherry-stained cabinets, new countertops and Vinyl flooring, a dining room, a large living room and a front entrance leading to the front Patio deck. The birch stairway leads to the second level offering 3 spacious bedrooms, a walk-in hall closet and a bathroom. The home is heated with both electric baseboard heating and an electric furnace. The property also features a paved driveway All major appliances and furniture is included. (id:65958)

Subtype
Multi-family
MLS#
1291774
Area
WABUSH
Positive cash flow ~$182/mo at these assumptions

Cash on cash

3.58%

Cap rate

6.61%

GRM

10.6

Break-even rent

$2,208

Financing

Down payment$61,000
Loan amount$244,000
Mortgage$1,497/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$140
Insurance$80
Maintenance$254
CapEx reserve$127
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,497/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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