3 beds · 1 bath · 780 sqft
Welcome to this delightful 3-bedroom, 1-bathroom property situated on an impressive double-wide lot with 50 feet of frontage. This home offers both character and opportunity, making it an ideal investment for those looking to expand their portfolio or for buyers who appreciate space and convenience. Currently rented by excellent tenants who wish to stay, the property generates $1,250 per month in rental income, with a lease secured until May 2025. This provides immediate cash flow and peace of mind for prospective owners. Located in a highly accessible neighborhood, this property is perfectly positioned near bus routes, a variety of restaurants, and ample shopping options. Its proximity to major arteries ensures effortless commutes, making it a desirable location for tenants and homeowners alike. Whether you're looking to maintain it as a rental property or envision future development on this spacious lot, this home is an opportunity you don’t want to miss. Reach out today to learn more about this unique offering! (id:39198)
Building Type House
Year built 1946
Square Footage 780 sqft
Stories 1
Bedrooms 3
Bathrooms 1
Parking
NeighbourhoodMayfair
Land size 50x125
Heating type Forced air
Basement typeFull (Partially finished)
Parking Type
Time on REALTOR.ca4 days
Brokerage Name: eXp Realty
Home price
$209,900
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.
$1,949 / month
Rent $1,750
Savings $199
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$1,749 / month
Rent $1,703
Savings $46
Initial deposit 5%
Savings target Fixed at 5%