Attention first-time buyers, downsizers, and investors! Welcome to 705 Shields, a charming bungalow with an in-law suite featuring a separate entrance in the desirable Hospital Area. Just minutes from Health Sciences North, Bell Park, Laurentian University, and a variety of restaurants, this home offers both convenience and comfort. The main floor includes three spacious bedrooms, a bright eat-in kitchen, a cozy living room, and a full bathroom, while the lower level provides an additional three bedrooms, a full bathroom, and another eat-in kitchen. Both units are currently tenanted with stable rental income, making this an excellent investment opportunity. With ample parking, public transit at your doorstep, and solid construction in a prime central location, this property delivers exceptional value. Gross rental income is $36,168, and the cap rate is approximately 6.4%. Book your private viewing today! (id:51532)
| Property Summary |
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| Building |
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| Land |
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| Level | Rooms | Dimensions |
|---|---|---|
| Basement | Bathroom | 6'4 x 4'9 |
| Bedroom | 9'0 x 8'8 | |
| Bedroom | 9'1 x 8'5 | |
| Bedroom | 11'1 x 10'2 | |
| Eat in kitchen | 12'5 x 11'4 | |
| Main level | Bedroom | 10'5 x 9'0 |
| Bedroom | 11'3 x 10'5 | |
| Bedroom | 11'3 x 11'0 | |
| Bathroom | 9'0 x 4'9 | |
| Living room | 14'8 x 12'8 | |
| Eat in kitchen | 12'0 x 9'0 |
| Features | |||||
|---|---|---|---|---|---|
| Gravel | Central air conditioning | ||||