2 Knightsbridge Place photo 11 / 21

MLS #1297561

2 Knightsbridge Place

Paradise

$624,900

5 Beds
3 Baths
1,984 sqft
Two-Apartment Home
Source Listing

Property Details

Construction starting soon on this versatile 2-apartment home situated on an oversized 49x220 building lot located on a quiet cul-de-sac. Expertly built by Cardinal Construction Limited, this property offers the perfect combination of modern functionality, quality craftsmanship, and income potential. The main level features an open-concept design with a welcoming foyer complete with coat closet, spacious living room and kitchen area highlighted by a large island, backsplash, and crown moldings throughout the main living areas. Additional features include main floor laundry, linen closet, full family bathroom, and 3 well-appointed bedrooms, including the primary suite with walk-in closet and private ensuite featuring a corner shower. Convenient access to the in-house garage is located just off the foyer. The bright ground-level 2-bedroom apartment includes its own private entrance, coat closet, laundry closet, kitchen, living area, and full bathroom — making it an excellent mortgage helper or investment opportunity. Built with quality and durability in mind, this home is FULL PLYWOOD constructed and features a durable Xypex concrete coating on the foundation for enhanced strength and long-lasting protection. The property also includes front landscaping, a 3-car paved driveway, and a 10x12 patio. Backed by a 10-Year Atlantic Home Warranty Program along with a 1-year builder warranty, this home offers peace of mind and exceptional value. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$624,900
Down Payment - 6%$37,494
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$4,463

Mortgage Payment
$3,520
Property Tax
$443
Insurance
$150
Utilities
$350
Down Payment
$37,494
Loan Amount
$587,406
Total Interest
$468,599

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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