Duplex For Sale in Winnipeg, Manitoba - 432 432 Cathedral Ave.

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Duplex For Sale

432 432 Cathedral Ave. , Winnipeg, MB, R3F 2P8
Owner`s Description
BEAUTIFUL CHARACTER DUPLEX - CASH BACK option. Price reduced. Was listed for $210. Offers made, but this is INVESTMENT property only. Most people want to live in it, so nice. Renovated hard. fl. LL apt. 2 bd. main fl. one with hd. Large kit. with Oak cup redone and bath cup redone oak. Dish/Newer Fridge/Stove LL has finished Rec. Room used as bed/sitting area. Wet Bar with Fridge Half Bath dowstairs done in cedar along with another larger bed. Rent for LL apt is $1,200

Upper apt. has large living/bed area with laminate fl. and another bed. with hardwood. Nice bright kitchen and bath..sep entr. Share laundry with downstairs. Rent $650

There is attached heated large two car garage with added large cement pad for parking. Nice corner lot, QUIET area. TENANTS love living there and have BBQ`s together at Patio at side of building and firepit. Yard is nice and fenced totally.

Heating is hot water heat budget $265 mon. TOTAL GOOD Cap Rate. will consider discount on price if mortgage of 5% for $143,000 is assumed. This property is valued at $210,000 but all offers have been for people to live in property. Have promised GREAT tenants would NOT leave them homelesss, so INVESTMENT property only. The only reason I am selling this property is that I am now disabled and NEED capital I invested in this property. I am going to have to PAY approx. $9,000 to get out of mortgage, so if assumed, cash back offer.

Property Costs
Property Taxes:
$1,800 / year
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 Margo Da Costa

Day Phone(204) 667-3909
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Listing Owner
 Margo Da Costa

Day Phone(204) 667-3909
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Property Summary
Property ID:  4816
Property Cat:  Duplex
Property Type:  Homes
Beds:  5
Baths:  3
Size:  2,100 sq. ft
Lot Dimensions:  60X130

Land Transfer Tax Calculation Manitoba

"The Land Transfer Tax in Winnipeg, Manitoba based on the selling price of $199,000.00 is $1,635.00."
* See the land transfer tax formula
Up to $30,000 N/A
+ From $30,000 to $90,000 x 0.5% of total property value
+ From $90,000 to $150,000 x 1% of total property value
From $150,000 up x 2% of total property value

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See Also: Winnipeg Real Estate     Winnipeg Condos For Sale     Winnipeg Duplex For Sale

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