Courtesy Of MICHAEL FLEMING REALTY CORP.
7 renovated 2 BR townhouse style units in Bowness. Photos are of Unit F. Not all units have been renovated to the same extent. the units are approx. 950 sf. The owner currently pays all utilities. The units have been tastefully renovated including ensuite laundry. Upon renewal of leases… (first renewal January 2023) the tenants will be paying all of their own utilities resulting in approx. $22,000 in reduced landlord costs. The projected rents on Proforma provide for rents at $1,350.00 with removal of the current OWNER expenses relating to the utilities. The tenants, going forward, will be responsible for all utilities. This is a turn key property. The Buyer must qualify and assume the mortgage summarized below.
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