
MLS #1294546 · Bishop's Falls
8 Butler Street
- Type
- Two-Apartment Home
- Agent
- Christopher Ellis
- Brokerage
1 / 22MLS #1300631
Bishop's Falls
$269,900
Property Details
Welcome to 1 Stanley Avenue, Bishop's Falls.This centrally located duplex offers exceptional flexibility, making it an ideal opportunity for investors or anyone looking to offset their mortgage with rental income. Each self-contained unit features three bedrooms, its own 200-amp electrical service, fridge and stove, private driveway, and backyard access, providing comfortable and independent living for both owners and tenants. Perfectly situated next to the stadium, playground, and recreation fields, the property is within walking distance of the post office and offers direct access to the nearby T'Railway, making it easy to enjoy snowmobiling and ATV riding right from your doorstep. Whether you choose to rent both units as an income-producing property or live in one unit while renting the other, this property offers endless possibilities. As an added bonus, the sale includes an approximately 60' x 140' parcel of land located at the rear of the property, providing excellent potential for future development, a detached garage, or additional storage. The property has also seen several important updates, including shingles replaced approximately five years ago and hot water tanks updated in 2020 and 2024, offering added peace of mind for years to come. Don't miss your chance to own this versatile duplex in a prime central location with excellent income potential. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$269,900
Amortization
Estimated Monthly Cost
$2,289
Cash To Close
$13,495
Under 20% down requires CMHC default insurance, added to your loan. Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
Contact Felix
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