Prime investment opportunity just steps from Mohawk College. Potential of Over $86,000 estimated annual income. This recently renovated property delivers exceptional versatility, making it ideal for student housing or multi-family use. Thoughtfully updated main and basement levels provide a well-maintained, low-maintenance investment with strong future cash flow potential. The spacious main floor features 5 generous bedrooms, along with one 3-piece washroom and one2-piece washroom, designed for comfortable shared living. The fully finished basement includes4 additional bedrooms, a full kitchen, one 3-piece washroom, and a separate entrance, allowing for flexible and optimized rental configurations. The property benefits from consistently strong demand due to its prime, high-traffic location. Additional highlights include a large double-car garage with excellent attic storage, ample parking, and an easy-care exterior. Located in a sought-after area close to schools, transit, shopping, and amenities, this is a turnkey income property with outstanding long-term value and upside potential. (id:47421)
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Detailed Information
Bedrooms
5+4
Bathrooms
3
Lot
43 x 102.75 ft
Equipment
Water Heater
Listing Contract Date
2026-01-09
Location Description
South Bend/West 3rd
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Age
51 to 99 years
Appliances
Dryer, Two stoves, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate entrance
Basement Type
N/A, Full, N/A (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
43 x 102.8 FT ; 43.09 ft x 102.96 ft x 43.09 ft x 102.96
Sewer
Sanitary sewer
Size of Irregular Land
43 x 102.8 FT ; 43.09 ft x 102.96 ft x 43.09 ft x 102.96
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