37 days on Market

36 Pearl Ave, Leamington, Ontario N8H 1J7

Detached
4 + 2
2
~2000-2500 sqft
$549,900
Get pre-qualifiedPowered by Neo Mortgage
Detached
4 + 2
2
~2000-2500 sqft

Contact us about this property

Call

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

StyleBungalow-Raised
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size7,500 SqFt(125 x 60)
Parking Spaces4
MLS ®NumberX10426438
Community NameLeamington
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Kitchen

4.27 x 3.62

Prim Bdrm

3.66 x 3.42

Foyer

7.47 x 2.01

2nd Br

3.09 x 3.26


Features

Lot size: 7,500 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 3

Total parking spaces 4


Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 29989
Average household income $114,741

Age (%)

0 to 19
24%
65 and plus
20%
50 to 64
20%
20 to 34
19%
35 to 49
17%

Household composition (%)

Single family
69%
Single person
27%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
66%
German
10%
Spanish
5%
Plautdietsch
4%
Arabic
3%
Portuguese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Italian
1%

House tenancy (%)

Owners
70%
Renters
30%

Schools and amenities

Estimated Budget