256 WEICKER RUE
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For sale
Great investment property in Notre Dame De Lourdes, yielding a Capital Rate up to 8%. Located South West of the town and close to shops/grocery, dining, day care and schools. Recent UPGRADES: Summer 2016 - REPLACED ALL WINDOWS and DOORS, Dec 2020 - NEW HOT WATER TANK (Unit 1). This Duplex property has 2 units: UNIT 1 has 3 bedrooms & 1 Full bath, UNIT 2 (Tenant occupied) has 2 bedrooms & 1 Full bath. Unit 1 can fetch a rent up to $680 and Unit 2 up to $580 per month. Tenants are usually Farm Workers and Health Workers (per vendor info). Tax is low at around $140/mo (2019). If you work in the area, buy this Duplex for a mortgage below $600 (based on Dec 2020 rates) then rent out the 3bed unit for $680/mo (pays your mortgage) and then occupy the 2bed unit for free! Each Unit has separate Hydro Meter. Water meter is shared and 50% of bill is paid by Landlord (average $60 to $90 per quarter or $15-$22/mo).