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Home ON Greater Hamilton Grimsby Grimsby Beach
374 BOOK ROAD
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374 BOOK ROAD $1,099,000
7 days ago
$1,099,000
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374 BOOK ROAD
Grimsby, Ontario L3M2M6

MLS® Number: X8468950
4 + 2
Bedrooms
5
Bathrooms
-
Square Feet

Listing Description

Do Not Miss This exceptional income-producing property offers over 8% cash flow with a gross annual revenue exceeding $96K. Fully tenanted on month-to-month leases, this property includes 3 kitchens, 3 laundries, 7 bedrooms, and 5 washrooms. Approved permits are in place to build a double-car garage with additional units, providing great expansion potential. The large 80 by 124 ft. yard offers a serene and private setting, ideal for relaxation or hosting outdoor gatherings. Located just minutes from the beautiful lakeside neighborhood of Bal Harbor, walk to Lake, Parks, Be part of an amazing, quiet, peaceful community. Easy access to Bell Park, recreational activities, the Bruce Trail, conservation areas, farmers markets, shopping, dining and wineries. Commuters will appreciate the quick access to the QEW. This property is a perfect blend of excellent rental income potential and a prime location. **** EXTRAS **** just off the QEW, near the lake and boasts great future development potential with some permits already in place. Situated on a huge corner lot, offers positive cash flow from the start, generating $8,000 per month in gross income. (35548166)

Property Summary

Property Type
Single Family
Building Type
House
Title
Freehold
Land Size
80 x 124 FT|under 1/2 acre
Annual Property Taxes
$4,298
Total Parking Spaces
7
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
4
Below Grade
2
Bathrooms
Total
5
Interior Features
Appliances Included
Water Heater, Furniture
Basement Features
Apartment in basement
Basement Type
Crawl space
Building Features
Features
Carpet Free, In-Law Suite
Foundation Type
Block, Unknown
Style
Detached
Split Level Style
Backsplit
Fire Protection
Smoke Detectors
Heating & Cooling
Cooling
Central air conditioning
Fireplace
1
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Aluminum siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Public Transit
Parking
Total Parking Spaces
7

Rooms

MetricImperial
Main level
Kitchen
Living room
Dining room
Sunroom
Second level
Primary Bedroom
Bedroom 2
Bedroom 3
Lower level
Kitchen
Living room
Bedroom 4
Bedroom 5

Land

Lot Features
Landscape Features
Landscaped
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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