Size
-
Lot size
1608.24 sqm
Street frontage
N
Possession
flexible
Price per sqm
$3,656 - $4,892
Taxes
$3,225 (2023)
Parking Type
-
Style
Bungalow-Raised
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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!
EXTRAS:
EXTRAS:
Broker: HOMELIFE/MIRACLE REALTY LTD
MLS®#: X10428077
Property details
Parking:
8
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow-Raised
MLS Size:
139-186 sqm
Lot front:
24.38 M
Lot depth:
66.14 M
Listed on:
Nov 18, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Ground | Br | 1.4 x 1.0 m | |
Ground | 2nd Br | 0.9 x 0.8 m | |
Ground | Kitchen | 1.2 x 1.0 m | |
Ground | Bathroom | 0.4 x 0.4 m | 3 Pc Bath |
Ground | Living | 1.4 x 1.0 m | |
2nd | 3rd Br | 1.0 x 0.9 m | |
2nd | 4th Br | 1.0 x 0.9 m | |
Bsmt | 5th Br | 0.9 x 1.0 m | |
Bsmt | Br | 0.7 x 1.0 m | |
Bsmt | Br | 0.8 x 0.9 m | |
Bsmt | Kitchen | 0.6 x 0.5 m | |
Bsmt | Bathroom | 0.4 x 0.4 m | 3 Pc Bath |
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Instant estimate:
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$37,225
lower than listed pricei
High
$673,894
Mid
$642,774
Low
$610,049