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From Our Gallery

Description

$82K+ Income | Two Detached Homes on One Lot | Crystal Beach Investment.Offering approximately 3,300+ sq ft of living space with four rental units (non-retrofit) currently generating $82,000+ annual income, with two units presently vacant, providing immediate upside potential for investors.The property is serviced by two water meters with separate hydro and gas services. Excellent opportunity for investors seeking strong income potential through long-term rentals or short-term accommodations, just steps from the popular Crystal Beach area.The main residence is an approximately 1,900+ sq ft 1.5-storey home featuring a large and bright sunroom entrance, followed by a main floor bedroom, spacious living areas, and a flexible interior layout with kitchen and bathroom spaces that can accommodate multiple living arrangements.A studio-style space located behind the main home features soaring beamed ceilings over 10 ft high and a large picture window, creating a bright and open environment complete with kitchen and bathroom.At the rear of the property sits a separate two-storey detached dwelling (approx. 1,400 sq ft) providing additional living space with multiple bedrooms, kitchens, and bathrooms. Fully fenced yard offering greenery and added privacy. Concrete driveway parking for up to three vehicles.

Location Description

Between Shannon Rd S and Derby

Property Detail

  • Community: 337 - Crystal Beach
  • Property Type: Partial/Residential Freehold
  • Bedrooms: 8
  • Bath: 4
  • Garages: Other
  • Annual Property Taxes : $ 2946
  • sqft

Facts and Features

  • Foundation Type: Block-Concrete
  • Counstruction Material : Aluminum Siding-Concrete
  • Total Parking Space : 3
  • Parking Type : Other

Amenities

  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: RE/MAX REALTRON REALTY INC.

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