Join me today in my treasure hunt for "Affordable Housing Opportunities". At 1:00 PM I plan to be at 3112 Steele St to view the "Tree House" ...... a smaller very unique multi storied house with lots of private living spaces including a top deck "Tree House" area and a hot tub platform. This home has a bachelor suite, so after including the suite income, you would pay about $2366 per month with minimum down. At approximately 2:15 I will be at 3312 Kingsley St. This home has 2 suites so I'm going to guess that they will bring in at least $2500 per month and with minimum down payment, this home would cost the buyer about $$2500 per month to live there. If you can meet me at those times, great....if not the home at 3112 Steele St is Open from 12:00-4:00 and the home at 3312 Kingsley is open from 1:30-3:00, so feel free to stop in on your own. Just let the Agent know you are working with me, so they know you are being looked after. These are two wonderful opportunities to get into the Market, so I'm excited to show case them. I've included the listing, Floor Plan and a Finance Sheet showing how the financing works including Monthly payments and how you will pay down approximately $125,000 in principal on a $1,000,000 home in 5 years. Can you tell I get excited about this stuff. 😀

I went to see these two homes today and I was blown away by the potential to live for a very low monthly payment. At 3112 Steele St there are 2 suites that could be rented for about $1500 and $1000, so for a total of $2500 per month. I've recalculated the down Payment to $53,000 + the Property Purchase tax at $5600, so the Buyer would need to come up with $58,600 to get in. The total Mortgage would be $3946.00 but when you subtract the rent, the buyer would pay only $1446 per month. (of course you would pay utilities on top of that. Insane.... I've included a new Payment sheet below.