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AJ Hazzi

[email protected] +1(250) 717-3133

$ 1,099,000

Est. payment -/mo

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374 BOOK ROAD Grimsby, ON L3M2M6

6 Beds

5 Baths

1,099 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $1,000

MLS® Listing ID X8468950

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 4.06 m X 3.12 m Primary Bedroom

Extra Room 2 Second level 3.48 m X 3.43 m Bedroom 2

Extra Room 3 Second level 3.05 m X 3.05 m Bedroom 3

Extra Room 4 Lower level 2.74 m X 2.5 m Kitchen

Extra Room 5 Lower level 7.7 m X 3.43 m Living room

Extra Room 6 Lower level 3.43 m X 3.05 m Bedroom 4

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Vinyl, Laminate

Fireplaces Number 1

Exterior

Garage No

Fence Fenced yard

Community Features School Bus

Waterfront No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Lot Description Landscaped

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by HOMELIFE/MIRACLE REALTY LTD

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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Kelowna, BC, Canada

AJ Hazzi

AJ Hazzi

374 BOOK ROAD Grimsby, ON L3M2M6

Key Details

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Rooms

Interior

Exterior

Building

Others

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374 BOOK ROAD