8 Governor Grove Cres, Brampton, Ontario L6Y 1A6

An opportunity presents itself to acquire a detached house with significant income potential. This spacious property includes a double car garage and a legal two bedroom basement apartment, located on a tranquil street in the Brampton South neighborhood. The house sits on a 56 x 110 feet lot, within walking distance to Downtown Brampton, Algoma University, Brampton Innovation District, Go station, Shoppers World plaza, Brampton Gateway Terminal, bus stops, grocery stores. Short drive to Sheridan College Brampton Campus. Currently, the house is fully rented out. The house is clean and well kept by the tenants. There are no inside photos of the house to respect tenants privacy. Both tenants are set to vacate by October. The upper level consists of 4 bedrooms and 2 bathrooms, while the basement features 2 bedrooms and 1 bathroom and unfinished crawling space. Upstairs and basement have their own separate washers and dryers. As per seller, there is possibility of converting lower level part of the house (family room area) into second legal apartment unit. Many options. The property can be fully rented out, or the new owner can reside on the upper level while renting out the basement to offset the mortgage.

Inclusions: The house is 1904 sq.ft above grade (as per MPAC) and 1139 sq.ft below grade.This includes legal basement and unfinished crawling space that can be used for storage(As per engineering drawing). Basement was done in 2022.Roof was done 2017.