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$669,900
Status: For Sale
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here!
Property Type | :Residential |
MLS Number | :X9045432 |
Listing Type | :Sale |
Property Age | :51-99 years |
Possession Date | : |
Last Updated | :19 Jul, 2024 (63 Days ago) |
Source | :TRREB |
Area | :Middlesex |
Postal Code | : N6C 2C5 |
Price | : $669,900 |
Property Taxes | :$3225.00 |
Tax Year | :2023 |
Bedrooms | :4 + 3 |
No. of Rooms | :4 |
Air Conditioning | :Central Air |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Fairview & Westminster |
Bathrooms | :2 |
Fuel | :Gas |
Elevator | :No |
Approx Square Footage | :1500-2000 sqft |
Br | :4.57 m x 3.35 m |
Kitchen | :3.96 m x 3.35 m |
Living | :4.57 m x 3.35 m |
4th Br | :3.35 m x 3.05 m |
Br | :2.44 m x 3.20 m |
Kitchen | :1.83 m x 1.52 m |
2nd Br | :3.05 m x 2.74 m |
Bathroom | :1.25 m x 1.25 m |
3rd Br | :3.35 m x 3.12 m |
5th Br | :2.82 m x 3.23 m |
Br | :2.59 m x 2.97 m |
Bathroom | :1.25 m x 1.25 m |
Exterior Finish | :Brick |
Parking Space | :8 |
Basement | :Finished |
Garage | :None |
Laundry Level | :Lower |
18 Jul, 2024
TREB #X9045432
Listed
$669900.0
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