This exceptional income-producing property offers over 8% cash flow with a gross annual revenue exceeding $96K. Fully tenanted on month-to-month leases, this property includes 3 kitchens, 3 laundries, 7 bedrooms, and 5 washrooms. Approved permits are in place to build a double-car garage with additional units, providing great expansion potential. The large 80 by 123 ft. yard offers a serene and private setting, ideal for relaxation or hosting outdoor gatherings. Located just minutes from the beautiful lakeside neighborhood of Bal Harbor, walk to Lake, Parks, Be part of an amazing, quiet, peaceful community. Easy access to Bell Park, recreational activities, the Bruce Trail, conservation areas, farmers markets, shopping, dining and wineries. Commuters will appreciate the quick access to the QEW. This property is a perfect blend of excellent rental income potential and a prime location. (id:47423)
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Detailed Information
Bedrooms
3+2
Bathrooms
5
Lot
80 x 124 ft
Amenities Nearby
Park, Place of Worship
Features
Corner Site, In-Law Suite
Listing Contract Date
2024-06-20
Location Description
QEW to Bartlett Ave to Book Rd.
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R2
Building
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Range - Gas, Gas stove(s), Hood Fan, Window Coverings
Basement Development
Finished
Basement Type
Partial (Finished)
Constructed Date
1968
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding, Other
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Second level
Measurements not available
Bedroom
Second level
10'0'' x 10'0''
Bedroom
Second level
11'4'' x 11'3''
Primary Bedroom
Second level
13'3'' x 10'1''
Kitchen
Lower level
8'3'' x 10'7''
4pc Bathroom
Lower level
Measurements not available
4pc Bathroom
Lower level
Measurements not available
Bedroom
Lower level
9'1'' x 9'1''
Bedroom
Lower level
10'0'' x 8'3''
Recreation room
Lower level
25'3'' x 11'3''
3pc Bathroom
Main level
Measurements not available
4pc Bathroom
Main level
Measurements not available
Bonus Room
Main level
18'2'' x 12'0''
Dining room
Main level
11'1'' x 9'3''
Living room
Main level
18'1'' x 13'5''
Kitchen
Main level
11'4'' x 9'2''
Land
Total Size
under 1/2 acre
Amenities
Park, Place of Worship
Sewer
Municipal sewage system
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