430 Parkside Drive No longer available

Mount Forest, Mount Forest, N0G 2L3

$799,900

Description

Listed by COLDWELL BANKER WIN REALTY Brokerage.

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.

Carbon Monoxide Detector,Hot Water Tank Owned,Smoke Detector,2 Fridge, 2 Stove, 2 Washer, 2 Dryer

Location

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  • Address: 430 Parkside Drive
  • Neighborhood: Mount Forest
  • City: Mount Forest
  • State: ON
  • Postal Code: N0G 2L3

Property Details

  • Property ID: 40584284
  • Property Price: $799,900
  • Style: Single Family Residence, 2.5 Storey
  • Sq/Ft: 2551
  • Rooms: 14+4
  • Bedrooms: 4+2
  • Bath: 4
  • Garages Spaces: 1
  • Parking Spaces: 8
  • Year Built: 1923
  • Basement: Full, Finished
  • Heating: Forced Air, Natural Gas
  • Taxes: $3,035.10 (2023)
  • Acreage: 0.24 Acres
  • Lot: 179.75x59.45 (Acres)
  • Exposure: East

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Room details and dimensions

Statistics for similar Single Family Residence homes in Mount Forest

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 Mount Forest

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 Mount Forest

Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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