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2 + 2
BEDROOMS2
BATHROOMS1
KITCHENS5 + 2
ROOMSX8072928
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-16 | 2024-02-29 | 13 | $848,888 | $868,000 | Sold |
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Property Description
This move-in ready house, located just minutes from McMaster Children's Hospital and University, offers a great opportunity, especially visible from the driveway. The basement has been completely renovated, featuring interior waterproofing, an egress window, and updated electrical work. For added comfort, an air conditioning unit was installed in 2020 and the boiler was replaced in 2022. It's important to note that the buyer must assume the current tenants, with leases ending on April 30th, 2024. The property currently yields a total rent of $4,375 per month, inclusive of utilities, but has the potential to reach market rents of approximately $5,950 per month or more. This presents a compelling argument for buying over renting in this area. This property represents a valuable investment, particularly for those looking to own rather than rent in this strategic location.
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
80' x 38'
Fronting
North
Taxes
$6,858 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.42' x 19.75' | |
Living | Main | 12.60' x 10.83' | |
Br | Main | 11.09' x 12.01' | |
Br | Bsmt | 10.33' x 9.42' | |
Br | Bsmt | 10.33' x 9.42' | |
Utility | Bsmt | 8.43' x 10.24' | |
Laundry | Bsmt | 5.35' x 10.50' |
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