1227 2ND Avenue S, Native Leased Lands

$229,000
1227 2ND Avenue S

$229,000

New
28d
DetachedBungalow

1227 2ND Avenue S, Native Leased Lands

Total Monthly Obligation $1,299

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
28d
Yield
12.1%
Cash on Cash
30.0%
Cap Rate
11.0%
5Y IRR
40.6%
10Y IRR
36.8%
Property Type-Detached
MLS® Number-X13828000
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-100 × 200 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Parking-3 - None
Basement-None
Heating-Other (Other)
Brokerage-Royal LePage Estate Realty
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle, Metal
Foundation-Piers, Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Native Leased Lands
Title-Residential Freehold

No agent assigned

WELCOME TO YOUR PRIVATE BEACH TOWN GETAWAY! This spacious 3-bedroom, 1-bath seasonal cottage sits on a large lot and offers plenty of room to relax, entertain, and enjoy the outdoors. Ideally located just steps away from the Sandy French Bay beach, grab your beach towel and sunscreen and spend the day soaking up the sun! This property is the perfect spot for summer memories with family and friends. Whether you're looking for a weekend escape, a family cottage, or a place to enjoy the carefree beach lifestyle, this charming retreat has plenty of potential. Just pack your beach bag and start enjoying cottage life! Located on Leased Land, Lease Fee annually $6300.00 and Service fee annually $1300.00.

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Closing Costs

Mortgage Amount
$183,200
Land Transfer Taxes$2,015
Legal Fees (Est.)
$
Total cash required for closing$49,315

Total Monthly Obligation

$1,299/mo
Mortgage $924
Monthly Loss $1,056
Principal$243
Interest$681
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1227 2ND Avenue S

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