374 Book Road No longer available

Grimsby, Grimsby Beach (540), L3M 2M6

$1,099,000

Description

Listed by HOMELIFE MIRACLE REALTY LTD.

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 123 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.

Dishwasher,Dryer,Gas Oven/Range,Gas Stove,Microwave,Range Hood,Refrigerator,Smoke Detector,Stove,Washer,Window Coverings,Negotiable,3 Stove, 3 Fridges , 3 Washer And Dryers, Dish Washer And Other Chattels Shown In The Pictures And Belonging To The Seller

Location

View Map
  • Address: 374 Book Road
  • Neighborhood: Grimsby Beach (540)
  • City: Grimsby
  • State: ON
  • Postal Code: L3M 2M6

Property Details

  • Property ID: 40609688
  • Property Price: $1,099,000
  • Style: Single Family Residence, Split Level
  • Sq/Ft: 2079
  • Rooms: 10+6
  • Bedrooms: 3+2
  • Bath: 5
  • Parking Spaces: 5
  • Year Built: 1968
  • A/C: Central Air
  • Basement: Development Potential, Separate Entrance, Walk-Up Access, Partial, Finished
  • Exterior: Aluminum Siding, Other
  • Heating: Forced Air, Natural Gas
  • Taxes: $4,298.00 (2023)
  • Lot: 124x80.00 (Square Feet)
  • Exposure: West

Copyright 2024 Information Technology Systems Ontario, Inc. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Room details and dimensions

Statistics for similar Single Family Residence homes in Grimsby Beach (540)

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.

Average days on market for similar Single Family Residence homes in Grimsby Beach (540)

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.

Number of transactions for similar Single Family Residence homes in Grimsby Beach (540)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

360 Lake Street

Grimsby, Grimsby Beach (540), L3M 4M5

  • 3+1 Bedrooms
  • 3 Bath
  • 2141 sq ft
  • 2 Garage
  • For Sale

26 Griffith Drive

Grimsby, Grimsby East (542), L3M 5L2

  • 3+0 Bedrooms
  • 4 Bath
  • 2591 sq ft
  • 1 Garage
  • For Sale

28 Udell Way

Grimsby, Grimsby East (542), L3M 5L3

  • 3+0 Bedrooms
  • 3 Bath
  • 2014 sq ft
  • 2 Garage
  • For Sale

7 Pembroke Circle

Grimsby, Grimsby East (542), L3M 5N5

  • 3+0 Bedrooms
  • 4 Bath
  • 2082 sq ft
  • 2 Garage
  • New
  • For Sale

23 Pinewood Avenue

Grimsby, Grimsby East (542), L3M 1W2

  • 3+1 Bedrooms
  • 2 Bath
  • 2198 sq ft
  • For Sale

129 Dorchester Drive

Grimsby, Grimsby East (542), L3M 5H5

  • 3+2 Bedrooms
  • 3 Bath
  • 3539 sq ft
  • 2 Garage
  • For Sale

11 Nelles Road

Grimsby, Grimsby East (542), L3M 2Z5

  • 3+0 Bedrooms
  • 2 Bath
  • 1390 sq ft
  • 1 Garage