Property Information:
Exceptional cash flow opportunity! This spacious 5+2 bedroom, 4 full bathroom 2 kitchens 2 laundry , generating a strong positive cash flow even at current mortgage rates. Current rent income is $5,450/month with average utilities of $550/month. Located in the highly desirable Westdale South neighborhood, just a short walk to McMaster University, hospitals, and Westdale Village, with convenient bus stops nearby.This renovated, carpet-free home features a main floor large master ensuite, kitchen, and laundry, a second floor with 3 bedrooms and a bathroom, and a third-floor master ensuite. The remodeled basement (2020) boasts a separate entrance, two extra bedrooms with large windows , 2nd kitchenette, 2nd laundry, and a full bathroom.Key upgrades include: Furnace (2015), Heat Pump AC (2023), Roof (2020), Windows (main floor 2023, second floor 2021), Electrical panel with 200 AMP service and full wiring upgrade (2021). basement remodelled (2020) , Main floor kitchen floor and stairs (2023).OWNED Hot Water Heater. Don't miss out on this income-generating gem in a prime location! (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Basement Development:
Finished
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Basement Type:
N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Foundation Type:
Unknown
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dryer, Refrigerator, Two stoves, Washer