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Listed 3 months ago

24 - 2 Paradise Boulevard

Brechin, Ramara

$418,800

Condo Townhouse |
3 | 2 | 1 | 1
About this home

Rare opportunity to own an oversized waterfront property in Lagoon City! This spacious 3-bedroom, approximately 1,200 sq. ft. unit is one of the largest layouts in the complex, offering far more space and flexibility than the typical 2-bedroom units. As an end unit, it features more windows and abundant natural light. Set directly on the water, this property is perfect for buyers looking to create a personalized retreat. Being sold in as-is condition, it presents an exceptional opportunity to renovate and design entirely to your own taste. The motivated seller has priced this property well below comparable renovated units, creating a compelling value opportunity. Rather than paying a premium for someone else's finishes, you can allocate that value toward your own renovations and truly make the space your own. The result? A home tailored to your style, needs, and preferences, without paying extra for updates you may not have chosen. Whether you're looking for a weekend getaway, full-time residence, or investment project, the size, layout, and waterfront setting offer incredible upside. Don't miss this chance to secure a waterfront property with the freedom to customize and the potential to build meaningful equity.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$670
LockerExclusive
BalconyNone
ExposureNorth South
Parking TypeNone
Parking Spaces1
Parking FeaturesPrivate, Surface
Property Tax$3,195
mls© NumberS13088038
Listed BySKYLETTE MARKETING REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,144
Property tax
$266
Heat allowance
$150
Condo fees, half counted
$335
Housing costs
$2,895 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $83,760
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,762 / mo
Cash down
$83,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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