No photos available
Investment signal

$509,900

7 - 3194 VIVIAN LINE 37

Beds

2

Baths

2

Sqft

Year

About this home

This easy-living 2-bedroom, 2-bathroom, two-storey loft-style condo offers stylish upgrades and modern comfort throughout. The bright, open-concept main floor features 16-foot ceilings and large windows that fill the space with natural light. Upgrades include stainless steel appliances, a kitchen island, in-suite laundry with a full-size stackable washer and dryer, central air conditioning, and an energy-efficient tankless hot water heater. This unit also includes a 6' x 12' storage locker and TWO dedicated parking spaces conveniently located right outside your door.Relax with your morning coffee on the cozy balcony. Ideally located close to shopping, parks, the Stratford Country Club, and offering easy highway access, this property is also a fantastic investment opportunity. Don't miss your chance to own this beautiful home - book your showing today! (id:65958)

Subtype
Single Family
MLS#
X12795338
Area
STRATFORD
Negative cash flow ~$1,031/mo at these assumptions

Cash on cash

-12.13%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,635

Financing

Down payment$101,980
Loan amount$407,920
Mortgage$2,503/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$234
Insurance$80
Maintenance$425
CapEx reserve$212
Vacancy loss$128

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 $2,503/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 15, 2026.

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