374 Book Road, Grimsby
- Bedrooms: 6
- Bathrooms: 5
- Living area: 2079 square feet
- Type: Residential
- Added: 102 days ago
- Updated: 14 days ago
- Last Checked: 6 hours ago
Do Not Miss 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 124 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.
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Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Structure Type: House
- Exterior Features: Brick, Aluminum siding
- Foundation Details: Block, Unknown
Interior Features
- Basement: Crawl space, Apartment in basement
- Flooring: Laminate, Vinyl
- Appliances: Furniture, Water Heater
- Bedrooms Total: 6
- Fireplaces Total: 1
Exterior & Lot Features
- Lot Features: Carpet Free, In-Law Suite
- Water Source: Municipal water
- Parking Total: 7
- Building Features: Fireplace(s)
- Lot Size Dimensions: 80 x 124 FT
Location & Community
- Directions: Lake St. & Book Rd.
- Common Interest: Freehold
- Community Features: School Bus
Utilities & Systems
- Sewer: Sanitary sewer
- Utilities: Sewer, Cable
Tax & Legal Information
- Tax Year: 2023
- Tax Annual Amount: 4298
Additional Features
- Security Features: Smoke Detectors
Room Dimensions
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