Looking for a cash flow positive property? When fully rented, this property should easily bring in over $6,500/month. Don't miss this extensively renovated property that has undergone a comprehensive transformation to cater to a diverse range of requirements. Whether you are an astute investor seeking a property with income potential, or a homeowner looking to accommodate multi-generational living arrangements, this residence surpasses expectations. The primary dwelling on the main floor and upstairs boasts a contemporary open-concept design, featuring a new kitchen (2021) equipped with quartz countertops, stainless steel appliances, and updated vinyl flooring. The thoughtful reconfiguration of the layout has yielded 4 bedrooms and 2.5 bathrooms. The basement area has been adeptly converted to a complete suite with a spacious living area, kitchen, bedroom, and a three-piece bathroom. In addition, a separate, main floor back unit — ideal for extended family — has been thoughtfully updated to include a new kitchen, bathroom, bedroom, and living area. Noteworthy is the presence of a total of three new kitchens (2021), three distinct living spaces, six bedrooms, 4.5 bathrooms, 3 sets of laundry facilities, and an impressive combined living space exceeding 2,700 square feet. The property has been legally configured as a duplex. Separate hydro meters. The exterior has been updated with new gutters, soffits, fascia and downspouts (2021). You are also within walking distance to grocery stores, restaurants, shopping, schools, and within 5 mins of HWY 8 and the 401. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
5
Lot
50 x 117 ft
Amenities Nearby
Golf Nearby, Park, Place of Worship, Public Transit, Schools, Shopping
Equipment
Water Heater
Features
Southern exposure, Paved driveway
Listing Contract Date
2024-08-23
Location Description
Weber St E to Wilfred
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
RES-2
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1956
Cooling Type
Central air conditioning, Ductless, Wall unit
Exterior Finish
Aluminum siding, Brick Veneer
Foundation Type
Poured Concrete
Heating Fuel
Electric, Natural gas
Heating Type
Forced air, Heat Pump
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Carport
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Golf Nearby, Park, Place of Worship, Public Transit, Schools, Shopping
Fence Type
Fence
Sewer
Municipal sewage system
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