36 PEARL AVENUE Active

Leamington,ON N8H1J7

$ 549900

6 Beds

2 Baths

1999 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $275

MLS Listing ID X10426438

Style Raised bungalow

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

Property Description

Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a separate entrance for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. **** EXTRAS **** All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Basement 1.78 m X 1.65 m Bathroom

Extra Room 2 Basement 2.22 m X 2.66 m Laundry room

Extra Room 3 Basement 4.3 m X 3.02 m Kitchen

Extra Room 4 Basement 3.4 m X 2.96 m Bedroom

Extra Room 5 Basement 4.32 m X 7.12 m Bedroom 2

Extra Room 6 Main level 4.27 m X 3.62 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fenced yard

Community Features School Bus

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

Ownership Freehold

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