Karim Ellis

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374 BOOK ROAD, Grimsby, Ontario

$1,099,000

6 Beds
5 Baths

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. (id:23309)

Listing ID: X8468950
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Primary Bedroom	Second level	4.06 m x 3.12 m
Bedroom 2	Second level	3.48 m x 3.43 m
Bedroom 3	Second level	3.05 m x 3.05 m
Kitchen	Lower level	2.74 m x 2.5 m
Living room	Lower level	7.7 m x 3.43 m
Bedroom 4	Lower level	3.43 m x 3.05 m
Bedroom 5	Lower level	3 m x 3 m
Kitchen	Main level	3.48 m x 2.79 m
Living room	Main level	5.74 m x 4.09 m
Dining room	Main level	2.61 m x 2.85 m
Sunroom	Main level	5.54 m x 3.66 m

Details

Amenities Nearby: Park, Public Transit
Community Features: School Bus
Features: Carpet Free, In-Law Suite
Ownership: Freehold
Parking Spaces: 7
Transaction: For sale

Building

Amenities: Fireplace(s)
Appliances: Water Heater, Furniture
BasementType: Crawl space
Basement Features: Apartment in basement
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Construction Style Split Level: Backsplit
Cooling: Central air conditioning
Exterior Finish: Brick, Aluminum siding
Fireplace Present: True
Fireplace Total: 1
Fire Protection: Smoke Detectors
Flooring: Vinyl, Laminate
Foundation: Block, Unknown
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1099.9909 - 1499.9875 sqft
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Public Transit
Fence: Fenced yard
Landscape Features: Landscaped
Sewer: Sanitary sewer
Size Frontage: 80 ft
Size Irregular: 80 x 124 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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