We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
374 BOOK ROAD, GRIMSBY
2024-06-24
Quick Summary
MLS®#X8468950
Property Description
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. **** EXTRAS **** just off the QEW, near the lake and boasts great future development potential with some permits already in place. Situated on a huge corner lot, offers positive cash flow from the start, generating $8,000 per month in gross income. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Public Transit
Building
- Amenities: Fireplace(s)
- Appliances: Water Heater, Furniture
- Basement Features: Apartment in basement
- Basement Type: Crawl space
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Aluminum siding
- Fireplace: Yes
- Flooring Type: Vinyl, Laminate
- Interior Size: 1099.9909 - 1499.9875 sqft
- Building Type: House
- Utility Water: Municipal water
Features
- Feature: Carpet Free, In-Law Suite
Land
- Land Size: 80 x 124 FT|under 1/2 acre
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by HOMELIFE/MIRACLE REALTY LTD
Listing information last updated on: 2024-09-17 03:42:59
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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