Burlington, Appleby, L7L 1N7
$1,199,000$000000
Listed by RE/MAX REALTY SPECIALISTS INC..
ATTENTION INVESTORS!! FIRST TIME HOME BUYERS! TWO INDEPENDENT UNITS! POSITIVE CASH FLOW. This is your chance to own a detached 3+2 bedroom, 3 bathroom Bungalow in the desirable area of Burlington. Airbnb main floor net profit $4200/month and the lower level for appox $2200/month. Fabulous lot for future development or expansion! The renovated main floor includes hardwood flooring, new closet doors, ecobee thermostat, light fixtures, trim, designer kitchen complete with slate floors, stainless steel appliances, quartz countertops, undermount lighting and marble backsplash! The large living room windows allow a ton of natural light. Easy access to the backyard through the kitchen double doors which is perfect for those backyard BBQ's. On the main floor you will also find three large bedrooms and a four piece bathroom with marble floors, counter and double vanity. Close to Lake, and other amenities.
Net Profit for Upstairs AirBnB is $4200/month after paying utilities and cleaning expenses. Downstairs occupied by owner. Basement can be rented for $2200/month.
Prim Bdrm
2nd Br
3rd Br
Dining
Great Rm
Kitchen
Great Rm
Kitchen
Prim Bdrm
2nd Br
Den
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
