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48 Main STREET
homes for sale · Manor
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$285,000

48 Main STREET

Manor · MLS® SK045088

54

3,000 sq ft · 9,000 sq ft lot · House · Single Family · built 1912 · 75 days on market

listed by Tyler Matthewson, Performance Realty

realtor's description

Revenue Property in Manor – Motivated Seller! This is a fantastic opportunity to own a fully rented, income-generating property in the quiet community of Manor. Featuring four separate self-contained suites, this renovated building is currently generating between $3,650–$3,850 per month in rental income. Ideal for anyone looking to live in one unit and rent out the rest to offset the mortgage, or for an investor ready to take over a fully operational rental property. The building offers approximately 3,000 sq ft over two levels (to be verified), including three 1-bedroom suites on the main floor and a spacious 2-bedroom suite on the second floor. Extensive renovations and upgrades have been completed, including a new metal roof, exterior paint on the building and decks, interior wall additions, insulation of exterior walls, upgraded wiring, and a newer high-efficiency gas furnace installed six years ago. Each suite has its own 40-gallon hot water tank and is heated by a combination of forced air gas and electric baseboard heat. The second-floor suite has a private rear entrance with heavy-duty stained and painted staircase and decking, vaulted ceilings, cozy interior décor, two bedrooms, a 3-piece bath with in-suite laundry, a large kitchen/dining area, and a bright living space with south-facing windows for great natural light. On the main floor, the two south-facing 1-bedroom suites feature private decks and come fully furnished with queen beds, tables and chairs, and 42" wall-mounted TVs. The third main floor unit on the north side is also a fully furnished 1-bedroom suite. The older section of the main building has a solid stone foundation, and the property overall has been well maintained by the current owner. Whether you're looking for a personal residence with added rental income or seeking a solid investment property, this one delivers steady cash flow and strong potential. All units are currently rented, income ranging between $3,650–$3,850 monthly.

property details

type
House, Single Family
bedrooms
5
bathrooms
4
living area
3,000 sq ft
lot
9,000 sq ft
parking
0
year built
1912
days on market
75
MLS®
SK045088

features

  • Rectangular
  • Paved driveway
  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$1,242/mo
Mortgage $1,242

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

estimated payment
$1,242/ monthly
loan $228,000
25-year amortization
total interest
$144,515
cash to close
$57,000
down payment; transfer tax and fees not included
total paid
$372,515

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

location

ManorGoogle Maps ↗

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listed by
Tyler Matthewson
Performance Realty
call Tyler · 306-577-1544
Powered by: REALTOR.ca

similar homes nearby

location

ManorGoogle 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.

15 Adelaide STREET, Manor
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House
$279,900
4methe deep dive
15 Adelaide STREET
Manor120 days on market
listed by Performance Realty
633,105 sq ft
MLS® SK040541