Investment Property – River Park South | $25K Prepaid Leaseback

Description
$620000

Private Sale – 27 Eb Claydon Rd, River Park South
Asking Price: $620,000 | No agents | 12-month prepaid leaseback

✅ 3-bedroom 2 bonus rooms
✅ 2.5 baths | Double attached garage
✅ ~1,685 sq. ft. partially finished basement
✅ 2012 build | Clean, owner-maintained | 40' x 115' lot

Basement Potential:
- 2 bonus rooms (1 finished, 1 partial)
- Rough-in plumbing for future bathroom

Leaseback Terms:
- Seller remains as tenant for 12 months
- $25,000 prepaid rent paid at closing
- Tenant pays utilities & basic upkeep
- Net effective purchase = $595,000

Investor Highlights:
- ROI: 11–13% (cashflow appreciation)
- Cap rate: 4.2% | Cash-on-cash: ~25%
- Passive income | No vacancy | Clean title

Email Darrel at dwolson71@msn.com
for full flyer, photos, and viewings
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:DARREL WILLIAM OLSON
Address:Winnipeg, MB R2N 0B7
City:Winnipeg
Asking Price:$620000

Other Information

Bathrooms:2.5
Bedrooms:3
For Sale By:Owner

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DARREL WILLIAM OLSON

On OKz since May, 2025

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Posted on: 27/05/2025 @ 10:17 am

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