About 374 Book Road
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. **** EXTRAS **** just off the QEW, near the lake and boasts great future development potential with some permits already in place. Situated on a huge corner lot, offers positive cash flow from the start, generating $8,000 per month in gross income. (id:36535)
Features of 374 Book Road
| Listing # | X8468950 |
|---|---|
| Price | $1,099,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Acres | 0.00 |
| Type | Single Family |
| Sub-Type | Freehold |
Community Information
| Address | 374 Book Road |
|---|---|
| City | Grimsby |
| Province | Ontario |
| Postal Code | L3M2M6 |
Amenities
| Amenities | Park, Public Transit, Fireplace(s) |
|---|---|
| Utilities | Cable, Sewer |
| Features | Carpet Free, In-Law Suite |
| Parking Spaces | 7 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Water Heater, Furniture |
|---|---|
| Heating | Natural gas Forced air |
| Cooling | Central air conditioning |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Has Basement | No |
| Basement | Apartment in basement |
Exterior
| Exterior | Brick, Aluminum siding |
|---|---|
| Exterior Features | Landscaped |
| Lot Description | 80 x 124 FT|under 1/2 acre |
| Foundation | Block, Unknown |
Listing Details
| Office | Courtesy Of ALTAF MIAN Of HOMELIFE/MIRACLE REALTY LTD |
|---|
