2 Smith Lane

Watt Section · MLS® 202620593

4 sq ft lot · House · Multi-family · built 1975 · 71 days on market

listed by Rick Clarke, Century 21 Trident Realty Ltd.

realtor's description

With 3 recently fully-renovated units, this property is both a 4 unit apartment building and an 8 lot mobile park, located in the charming village of Watt Section and close to all amenities in nearby Sheet Harbour. Numerous recent upgrades in the building include: new roof, 3 fully renovated units, new washers & dryers in 3 units, new electric baseboard heaters, new hot water heaters, electrical upgrades and heat pumps in all 4 units. Additionally, there's potential for a fifth unit in the lower level of the building. Revenue streams from both the apartment rentals and mobile-home lot fees will make this a profitable venture for years to come. Contact your REALTOR® for more information.

property details

type: House, Multi-family
lot: 4 sq ft
parking: 0
year built: 1975
days on market: 71
MLS®: 202620593

features

School Bus
Washer
Refrigerator
Oven - Electric
Dryer

monthly cost

$2,396/mo

Mortgage $2,396

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

estimated payment

$2,396/ monthly

loan $439,920

25-year amortization

down payment20% · $109,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $278,838
cash to close: $109,980; down payment; transfer tax and fees not included
total paid: $718,758

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