44 Sumac Avenue

New Minas · MLS® 202622701

0 sq ft lot · House · Multi-family · built 1985 · 46 days on market

listed by Donna Conrad, RE/MAX Advantage

realtor's description

Wow! Opportunity knocks in this two unit property centrally located on the outskirts of New Minas close to all amenities, the bus route, highway access, Ken Wo golf, course, Horton High and Wolfville. Also a quick drive to Kingstec Community College, the possibilities are endless. Enjoy living in one of the two spacious units with the option of renting the second unit and enjoy the additional income to help with your mortgage. As a landlord a property with two units offers various options for living growth. You will find the property is well maintained, the yard is private, the back yard welcoming and quiet. Tenants pay their own power.

property details

type: House, Multi-family
lot: 0 sq ft
parking: 0
year built: 1985
days on market: 46
MLS®: 202622701

features

School Bus
Recreational Facilities

monthly cost

$1,852/mo

Mortgage $1,852

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

estimated payment

$1,852/ monthly

loan $340,000

25-year amortization

down payment20% · $85,00020%+ 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: $215,505
cash to close: $85,000; down payment; transfer tax and fees not included
total paid: $555,505

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