Size
-
Lot size
1608.15 sqm
Street frontage
N
Possession
-
Price per sqm
$6,504
Taxes
$3,225 (2023)
Parking Type
-
Style
1.5 Storey
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Description
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility—live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements—your journey to financial freedom begins here!
Broker: HOMELIFE MIRACLE REALTY MISSISSAUGA
MLS®#: 40608660
Property details
Parking:
8
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
1.5 Storey
MLS Size:
103 sqm
Lot front:
24.08 M
Lot depth:
65.84 M
Listed on:
Jun 19, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Flat | Kitchen | Unknown | |
Flat | Living Room | Unknown | |
Flat | Bedroom Primary | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Kitchen | Unknown | |
Flat | Bathroom | Unknown | |
Flat | Bathroom | Unknown |
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
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