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Kevin Flaherty

kevin@flaherty.ca +1(226) 270-6433

$ 1,099,000

Est. payment -/mo

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Active

374 Book RD Grimsby, ON L3M 2M6

4 Beds

UPDATED:

07/15/2024 11:11 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X8468950

Style Backsplit 3

Bedrooms 4

Annual Tax Amount $4,298

Tax Year 2023

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.

Location

Province ON

County Niagara

Rooms

Family Room No

Basement Apartment, Crawl Space

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Water Heater, Water Heater Owned, Accessory Apartment, Carpet Free, In-Law Suite, Other

Cooling Central Air

Fireplaces Type Electric

Fireplace Yes

Exterior

Exterior Feature Landscaped

Garage Private

Garage Spaces 7.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 7

Building

Unit Features Fenced Yard,Lake Access,Park,School Bus Route,Public Transit

Foundation Concrete Block, Unknown

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by HOMELIFE/MIRACLE REALTY LTD

Kevin Flaherty

Broker

+1(226) 270-6433

Kevin Flaherty

374 Book RD Grimsby, ON L3M 2M6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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