House for sale

2191 Lumar Place, Central Abbotsford, Abbotsford

$1,299,999 or
$1,299,999 or

House for sale

2191 Lumar Place, Central Abbotsford, Abbotsford

Features

Lifestyle
14 rooms
5 bedrooms
3 bathrooms and 1 half-bath
262808259 1299999 /en/house~for-sale~central-abbotsford-abbotsford/262808259?view=Summary /en/house~for-sale~central-abbotsford-abbotsford/262808259/photos 49.0416300000 -122.2744400000 true
Style
2 Storey W/Bsmt.
Year Built
1976
Floor Area
2,022 sqft
Lot Size
7,200 sqft
Lot Frontage
60 ft
Parking Spaces
6
Property Taxes
$4,569 (2023)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW

Description

This property in the heart of Abbotsford presents an excellent opportunity for generating rental income. With a 2-bedroom basement suite & a studio suite, the potential rental income is substantial. The basement suite alone can bring in $1325, while the studio suite can generate $1000 per month. This, combined with an additional $2300 in rent from the main floor, totals an impressive $4825 in potential rental income. The property's convenient location near schools, shopping, and parks further adds to its appeal. With its strong rental income potential, this property is a promising investment opportunity for those seeking to maximize their returns.
MLS® Number R2786632

Listing REALTOR®

Amar Mangat, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Amar Mangat

REALTOR®, Personal Real Estate Corporation

eXp Realty (Branch)

eXp Realty (Branch),

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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