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Tertiary Property View
Exceptional Property

669 WALLACE Street, Hope

$549,000
2 Bedrooms
2 Bathrooms
1122 sqft

Property Highlights

Distinctive Features That Set This Property Apart

◆

Property Type

Single Family

Style

House

Year Built

1950

Square Footage

1122 square feet

Bedrooms

2 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

◆

Property Overview

A Closer Look at This Distinguished Residence

◆

Check out this beautiful renovated house in Hope town center. This home boasts new bathroom, new kitchen, new window coverings, new floors and new appliances with a side suite for rental income/mortgage helper. 900 sqft lot with fenced back yard, tons of parking and fabulous view of mountains. Best location! Rented for $3150 monthly. (id:39198)...

MLS Number

R2987642

Listed By

RE/MAX Bozz Realty

Last Updated

Aug 14, 2025, 6:26 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

◆

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1950
Square Footage
1122

Interior Features

Basement
Crawl space

Climate Control & Utilities

Heating System
Baseboard heaters, Forced air

Exterior & Surroundings

View Type
Mountain view

Additional Amenities

Refrigerator, Stove

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

◆

Property Timeline

Historical transactions and listing information

Property image
15
New
MLS# R2987642
List Date
Apr 8, 2025, 5:47 p.m.
List Price
$549,000
Property Type
Sale
Bedrooms
2
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

◆

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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