374 BOOK Road Active

Grimsby,ON L3M2M6

$ 1099000

5 Beds

5 Baths

2079 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,079 sqft

Price per Sqft $528

Subdivision Grimsby Beach (540)

MLS Listing ID 40609688

Bedrooms 5

Year Built 1968

Property Description

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:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Building

Sewer Municipal sewage system

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