55 Forest Street

Yarmouth · MLS® 202619281

Condo · Multi-family · 86 days on market

listed by Melissa Comeau, RE/MAX Banner Real Estate(Yarmouth)

realtor's description

Discover an exceptional investment opportunity with this well-established, turn-key multi-unit boarding home offering strong, reliable income and full occupancy with a waiting list. This all-inclusive business is housed in a beautifully maintained turn-of-the-century home that seamlessly blends timeless character with modern functionality. Rich in architectural charm, the property features spacious accommodations and an inviting atmosphere that has earned a solid reputation within the community. Whether you're an experienced investor or looking to expand your portfolio with a proven income property, this fully operational business offers immediate cash flow from day one. This rare offering presents the perfect combination of historic elegance, business stability, and outstanding investment potential.

property details

type: Condo, Multi-family
parking: 0
days on market: 86
MLS®: 202619281

features

Balcony
School Bus
Refrigerator
Dishwasher
Stove
Microwave

monthly cost

$1,869/mo

Mortgage $1,869

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

estimated payment

$1,869/ monthly

loan $343,200

25-year amortization

down payment20% · $85,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $217,534
cash to close: $85,800; down payment; transfer tax and fees not included
total paid: $560,734

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