$549,900 FOR SALE

Detached Bungalow-Raised

Bedrooms: 4+2Bathrooms: 2Lot: 60 x 125 ft

36 Pearl Avenue
Leamington, ON N8H 1J7

Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a separate entrance for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. **** EXTRAS **** All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings. (id:47423)

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Listed By ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X10426438
Last Updated Dec 16, 2024
Property Summary
Property Type Detached

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Detailed Information
Bedrooms 4+2
Bathrooms 2
Lot 60 x 125 ft
Amenities Nearby Schools
Community Features School Bus
Listing Contract Date 2024-11-14
Location Description Talbot St & Fuller Ave
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Building
Architectural Style Raised bungalow
Basement Features Apartment in basement, Separate entrance
Basement Type N/A
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Brick
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BathroomBasement1.78 m x 1.65 m
Laundry roomBasement2.22 m x 2.66 m
KitchenBasement4.3 m x 3.02 m
BedroomBasement3.4 m x 2.96 m
Bedroom 2Basement4.32 m x 7.12 m
KitchenMain level4.27 m x 3.62 m
Primary BedroomMain level3.66 m x 3.42 m
FoyerMain level7.47 m x 2.01 m
Bedroom 2Main level3.09 m x 3.26 m
Bedroom 3Main level4.51 m x 4.84 m
Bedroom 4Main level3.39 m x 3.39 m
BathroomMain level2.78 m x 2.12 m
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size 60 x 125 FT
Amenities Schools
Fence Type Fenced yard
Sewer Sanitary sewer
Size of Irregular Land 60 x 125 FT

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