Karim Ellis

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374 BOOK Road, Grimsby, Ontario

$1,099,000

5 Beds
5 Baths
2,079 Square Feet

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 123 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. (id:23309)

Listing ID: 40609688
Property Type: Single Family
Year Built: 1968

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Rooms

Level	Type	Dimensions
4pc Bathroom	Second level	Measurements not available
Bedroom	Second level	10'0'' x 10'0''
Bedroom	Second level	11'4'' x 11'3''
Primary Bedroom	Second level	13'3'' x 10'1''
Kitchen	Lower level	8'3'' x 10'7''
4pc Bathroom	Lower level	Measurements not available
4pc Bathroom	Lower level	Measurements not available
Bedroom	Lower level	9'1'' x 9'1''
Bedroom	Lower level	10'0'' x 8'3''
Recreation room	Lower level	25'3'' x 11'3''
3pc Bathroom	Main level	Measurements not available
4pc Bathroom	Main level	Measurements not available
Bonus Room	Main level	18'2'' x 12'0''
Dining room	Main level	11'1'' x 9'3''
Living room	Main level	18'1'' x 13'5''
Kitchen	Main level	11'4'' x 9'2''

Details

Amenities Nearby: Park, Place of Worship
Features: Corner Site, In-Law Suite
Ownership: Freehold
Parking Spaces: 5
Transaction: For sale
Zoning Description: R2

Building

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Range - Gas, Gas stove(s), Hood Fan, Window Coverings
BasementType: Partial (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Constructed Date: 1968
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Aluminum siding, Other
Fireplace Present: False
Foundation: Unknown
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2079 sqft
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship
Sewer: Municipal sewage system
Size Frontage: 80 ft

Listing provided by HOMELIFE MIRACLE REALTY LTD
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 374 BOOK Road in Grimsby Ontario. It was last modified on June 24th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Grimsby homes for sale.

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