Do Not Miss 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 124 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.

Property Info

MLS®: X8468950

Listing Courtesy of HOMELIFE/MIRACLE REALTY LTD

Total Bedrooms 4

Total Bathrooms 5

Basement Crawl Space

Floor Space 1100 sq.ft.

Lot Size 9920 sq.ft.

Style Backsplit 3

Last Updated 2024-06-21

Property Type Detached

Listed Price $1,099,000

Unit Pricing $999/sq.ft.

Strata Fee $

Tax Estimate $4,298/Year

Year Built 51-99

Interior Features

Rooms

Main Kitchen 3.48m * 2.79m Vinyl Floor,Quartz Counter,Stainless Steel Appl

Main Living Room 5.74m * 4.09m Vinyl Floor,Pot Lights,O/Looks Frontyard

Main Dining Room 2.61m * 2.85m Vinyl Floor,Combined W/Living,Open Concept

Main Sunroom 5.54m * 3.66m Vinyl Floor3 Pc BathCombined W/Br

2nd Level Prime Bed Room 4.06m * 3.12m LaminateLarge ClosetLarge Window

2nd Level 2nd Bed Room 3.48m * 3.43m LaminateClosetWindow

2nd Level 3rd Bed Room 3.05m * 3.05m LaminateClosetWindow

Lower Level Living Room 7.70m * 3.43m Vinyl FloorPot LightsWindow

Lower Level 4th Bed Room 3.43m * 3.05m Vinyl FloorClosetWindow

Lower Level 5th Bed Room 3.00m * 3.00m Vinyl FloorClosetWindow

Lower Level Kitchen 2.74m * 2.50m Vinyl FloorStainless Steel ApplB/I Microwave

More Details

Sold History

Selling

X8468950 X XXX X, XXXX XXXXX $XXXXXXX

X8301956 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

X8290166 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

X8123330 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

X7291820 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

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