8 beds · 5 baths · 2780 sqft
Great Revenue Property that only blocks away from U OF S. Front dwelling is a 1,148 SQFT Bungalow with 3+1 Bedrooms, the dinning room and 3 den (with windows) in the basement can be used as bedrooms if preferred to make it a total of 8 bedrooms in the front dwelling. Updated modern kitchen with quartz counter tops, exterior-vented range hood, new flooring and paint, HE Furnace and more... You can choose to live in the front dwelling and rent out the 2-story rear addition which was added about 12 years ago if you like, or you can use the whole place as a rooming house. Each level of the rear addition comes with one living room and kitchenette, one 3 piece bathroom and two bedrooms; Separated laundry in the utility room, it's also equipped with HE Furnace and Heater, Sump pump and Air exchanger; Front and rear together has a potential of 15 bedrooms in total; The building is almost all rented out and managed by a licensed property manager. Current leases and property management agreement could be provided upon the accepted offer. Great location and a lot of potentials. Call your realtor to book a viewing today! (id:39198)
Building Type House
Year built 1984
Square Footage 2780 sqft
Stories 2
Bedrooms 8
Bathrooms 5
Parking
NeighbourhoodVarsity View
Land size 6138 sqft
Heating type Forced air
Basement typeFull (Finished)
Parking Type
Time on REALTOR.ca54 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: L&T Realty Ltd.
Home price
$759,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$6,904 / month
Rent $6,106
Savings $799
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$6,085 / month
Rent $5,919
Savings $166
Initial deposit 5%
Savings target Fixed at 5%