Allan-John Boulanger

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36 PEARL AVENUE, Leamington, Ontario

$499,900

6 Beds
2 Baths

Turnkey cash flow positive investment property boasting a whopping 7.6% cap rate OR the perfect family home with a separate entrance & basement apartment for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $4,000/month. Nearly $966/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. (id:23309)

Listing ID: X10426438
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bathroom	Basement	1.78 m x 1.65 m
Laundry room	Basement	2.22 m x 2.66 m
Kitchen	Basement	4.3 m x 3.02 m
Bedroom	Basement	3.4 m x 2.96 m
Bedroom 2	Basement	4.32 m x 7.12 m
Kitchen	Main level	4.27 m x 3.62 m
Primary Bedroom	Main level	3.66 m x 3.42 m
Foyer	Main level	7.47 m x 2.01 m
Bedroom 2	Main level	3.09 m x 3.26 m
Bedroom 3	Main level	4.51 m x 4.84 m
Bedroom 4	Main level	3.39 m x 3.39 m
Bathroom	Main level	2.78 m x 2.12 m

Details

Architectural Style: Raised bungalow
Amenities Nearby: Schools
Community Features: School Bus
Ownership: Freehold
Parking Spaces: 4
Transaction: For sale

Building

Architectural Style: Raised bungalow
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1999.983 - 2499.9795 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 60 ft
Size Irregular: 60 x 125 FT

Listing provided by ROYAL LEPAGE YOUR COMMUNITY REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 36 PEARL AVENUE in Leamington Ontario. It was last modified on November 15th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other Leamington homes for sale.

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