36 Pearl Avenue Leamington, Ontario N8H 1J7
$549,900
Turnkey cash flow positive investment property OR the perfect family home with a basement apartment for additional income. Currently rented by the room (4 of 6 rooms tenanted); (UPPER) room #1: $1,000/mo, room #2: $800/mo(vacant), room #3: $800/mo (vacant), room #4: $800/mo; (LOWER) room #5: $1,000/mo, room #6: $800/mo. Shared kitchen and bath on UPPER level & 2nd shared kitchen & bath on LOWER level. 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. Tenants willing to stay or vacate if buyer is end user. 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:50886)
Property Details
| MLS® Number | X10426438 |
| Property Type | Single Family |
| AmenitiesNearBy | Schools |
| CommunityFeatures | School Bus |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| ArchitecturalStyle | Raised Bungalow |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1999.983 - 2499.9795 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 125 Ft |
| SizeTotalText | 60 X 125 Ft |
https://www.realtor.ca/real-estate/27656221/36-pearl-avenue-leamington
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Contact us for more information
Anthony Spano
Salesperson
187 King Street East
Toronto, Ontario M5A 1J5
Tyler Mclay
Salesperson
187 King Street East
Toronto, Ontario M5A 1J5
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November 15 2024 11:47:54
Toronto Real Estate Board
Royal LePage Your Community Realty