374 Book Road Grimsby, Ontario L3M 2M6
$1,099,000
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:27910)
Property Details
| MLS® Number | 40609688 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship |
| Features | Corner Site, In-law Suite |
| Parking Space Total | 5 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Range - Gas, Gas Stove(s), Hood Fan, Window Coverings |
| Basement Development | Finished |
| Basement Type | Partial (finished) |
| Constructed Date | 1968 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Other |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2079 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Depth | 124 Ft |
| Size Frontage | 80 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 10'0'' x 10'0'' | ||
| Second Level | Bedroom | 11'4'' x 11'3'' | ||
| Second Level | Primary Bedroom | 13'3'' x 10'1'' | ||
| Lower Level | Kitchen | 8'3'' x 10'7'' | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | 9'1'' x 9'1'' | ||
| Lower Level | Bedroom | 10'0'' x 8'3'' | ||
| Lower Level | Recreation Room | 25'3'' x 11'3'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Bonus Room | 18'2'' x 12'0'' | ||
| Main Level | Dining Room | 11'1'' x 9'3'' | ||
| Main Level | Living Room | 18'1'' x 13'5'' | ||
| Main Level | Kitchen | 11'4'' x 9'2'' |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 21 2024 11:00:42
Mississauga Real Estate Board
Homelife Miracle Realty Ltd