Frontside or backside of a home for 430 Parkside Dr, Mount Forest Ontario N0G 2L3
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Floor plan for 430 Parkside Dr, Mount Forest Ontario N0G 2L3
12 Days on Market

430 Parkside Dr, Mount Forest, Ontario N0G 2L3

$799,900
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Detached
4 + 2
4 + 1
~2551 sqft

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Highlights

Estimated Value$598,000*

Price/Sqft$313/sqft

Days On Market12 days

Est. Mortgage$3,435/mth

Tax Amount (2023)$3,035/yr

*Last updated on: 24/05/17

Description

Investors take notice, this property has been very diligently and meticulously taken care of and updated over the years. Thinking of buying a home and having someone help pay the mortgage? This is a great opportunity for that with traditional lenders being able to use market rents to help you qualify for a purchase. Live in 1 unit and have the other two subsidize your mortgage. This is a great time and way to get an investment property for now and the future. Unit 1 has private use of the North side driveway and has their own private entrance at the rear. A nice mudroom and living room above grade with a 3pc bath, 2 bedrooms, eat in kitchen and storage. Unit 2 is a nice 1 bedroom apartment on the main floor with a great sunroom, living room, eat in kitchen, 3pc bath and large bedroom. This unit gets parking on the south side driveway. Unit 3 is on the 2nd and 3rd floors which comes with 3 bedrooms, kitchen, 4pc bath, 2pc bath and a large living room. This unit also has its own parking on the south side driveway. All of the units have separate hydro meters and hot water tanks. All units also have in-suite laundry. There is outdoor storage for tenants and a large inviting fenced rear yard for the tenants to share. There is also a detached garage with hydro which the Landlord currently uses but could be used to generate more income. Some of the many upgrades over the years include: Appliances, washrooms, flooring, windows, roof, central air, furnace, electrical, fire safety, paint, plumbing and more. Ask your Realtor for a complete list of upgrades. Priced at a 5% Cap Rate, this property is perfect to add to your portfolio of investments or to jump in for your first. Solid Brick, Solid Income, Solid Investment.


Property Details

Style2.5 Storey
View-
Age of property1923
SqFt~2551 SqFt
Lot Size10,686 SqFt(179.75 x 59.45)
Parking Spaces8
MLS ®Number40584284
Community NameWellington North
Board NameITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Finished

Third Floor

Bathroom

2.44 x 1.12

2-Piece

Bedroom

5.18 x 4.57


Features

Lot size: 10,686 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 7

Total parking spaces 8


Property History

Now
Listed for$799,900
12 days on market
history photo preview24
Now
Listed for$799,900
12 days on market
history photo preview24
May 6, 2024
Listed for$849,900Terminated
40 days on market
history photo preview23
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Property listed by COLDWELL BANKER WIN REALTY Brokerage, Brokerage

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