36 Pearl Ave, Leamington, Ontario N8H 1J7
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Highlights
Estimated ValueNot available
Price/Sqft$247/sqft
Est. Mortgage$2,362/mo
Tax Amount (2024)$3,443/yr
Days On Market37 days
Description
Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a separate entrance for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood.
Property Details
Interior
Features
Main Floor
Kitchen
4.27 x 3.62Prim Bdrm
3.66 x 3.42Foyer
7.47 x 2.012nd Br
3.09 x 3.26Exterior
Features
Parking
Garage spaces 1
Garage type Attached
Other parking spaces 3
Total parking spaces 4