430 PARKSIDE Drive

Mount Forest, Ontario

430 PARKSIDE Drive, Mount Forest, Ontario, N0G2L3
Bathrooms4 Bedrooms6
Property TypeMulti-family Built in1923
Lot Size0.24 acres Building Area2551

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. (id:46866)


Details
Amenities NearbyHospital, Place of Worship, Playground, Schools, Shopping Community FeaturesCommunity Centre
FeaturesSkylight, Sump Pump OwnershipFreehold
Parking Spaces8 TransactionFor sale
Zoning DescriptionR2
Building
Basement DevelopmentFinished BasementFull (Finished)
Constructed Date1923 CoolingNone
Exterior FinishBrick FoundationBlock
Bathrooms (Total)4 Heating FuelNatural gas
HeatingForced air Size Interior2551.0000
Storeys Total2.5 TypeTriplex
Utility WaterMunicipal water
Land
Size Total0.24 ac|under 1/2 acre Size Frontage59 ft
AmenitiesHospital, Place of Worship, Playground, Schools, Shopping SewerMunicipal sewage system
Size Depth180 ft Size Irregular0.24

Listing Office: COLDWELL BANKER WIN REALTY Brokerage

Data Provided by REALTORS® Association of Grey Bruce Owen Sound

Last Modified :17/05/2024 03:25:26 PM

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