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10 Pioneer Street
homes for sale · Springhill
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$199,900

10 Pioneer Street

Springhill · MLS® 202609019

0 sq ft lot · House · Multi-family · built 2023 · 178 days on market

listed by Tony Mitchell, Royal LePage Cumberland Realty Ltd.

realtor's description

This well-designed duplex was completed in 2023 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely renovated to create two bright and functional one-bedroom apartments. The list of updates is extensive, including a metal roof, new siding, windows, electrical, plumbing, and heat pump units-the list goes on! This is a worry-free property, perfect for anyone looking to enter the rental market or add a solid asset to their investment portfolio. Both units feature in-suite laundry, and heat and electricity are included in the rent. With efficiency as a key focus during the renovation, the home is extremely well insulated from top to bottom. The main-level unit currently rents for $1,050 per month, while the second-floor unit rents for $1,000 per month, generating a net operating income of approximately $17,464 annually (excluding management fees, as the property is locally managed by the owner). This property can also be sold in conjunction with MLS#202526296 as a package deal. A solid, low-maintenance investment-definitely worth a look! Book your showing today!

property details

type
House, Multi-family
lot
0 sq ft
parking
0
year built
2023
days on market
178
MLS®
202609019

features

  • Recreational Facilities
  • Refrigerator
  • Stove
  • Washer/Dryer Combo

monthly cost

$871/mo
Mortgage $871

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$871/ monthly
loan $159,920
25-year amortization
total interest
$101,364
cash to close
$39,980
down payment; transfer tax and fees not included
total paid
$261,284

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

SpringhillGoogle Maps ↗

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listed by
Tony Mitchell
Royal LePage Cumberland Realty Ltd.
call Tony · 902-664-1372
Powered by: REALTOR.ca

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location

SpringhillGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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