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:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | 4pc Bathroom | Measurements not available |
Bedroom | 10'0'' x 10'0'' | |
Bedroom | 11'4'' x 11'3'' | |
Primary Bedroom | 13'3'' x 10'1'' | |
Lower level | Kitchen | 8'3'' x 10'7'' |
4pc Bathroom | Measurements not available | |
4pc Bathroom | Measurements not available | |
Bedroom | 9'1'' x 9'1'' | |
Bedroom | 10'0'' x 8'3'' | |
Recreation room | 25'3'' x 11'3'' | |
Main level | 3pc Bathroom | Measurements not available |
4pc Bathroom | Measurements not available | |
Bonus Room | 18'2'' x 12'0'' | |
Dining room | 11'1'' x 9'3'' | |
Living room | 18'1'' x 13'5'' | |
Kitchen | 11'4'' x 9'2'' |
Features | |||||
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Corner Site | In-Law Suite | Dishwasher | |||
Dryer | Microwave | Refrigerator | |||
Stove | Washer | Range - Gas | |||
Gas stove(s) | Hood Fan | Window Coverings | |||
Central air conditioning |