Bells Corners and South to Fallowfield - 7804 - Lynwood Village
Bells Corners and South to Fallowfield - 7804 - Lynwood Village
Listed For $930,000
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Flooring: Hardwood, Six bedroom Bungalow. Legal SECONDARY DWELLING UNIT (SDU) Newly renovated 3-bedroom main floor with 1 ½ baths. Newly constructed basement 3-bedroom unit with 1 ½ baths completed May 2022. EACH apartment has a 2 piece ensuite, its own laundry, SIX appliances, HWT, & hydro meter. 2 new 100 amp hydro panels. New plumbing throughout. Soundproof insulation in joist cavities, spray foam on basement walls, additional electric baseboard heat in basement. Parking for 6 cars including 2 garage spaces. Main floor rented $2,350 + utilities. Basement is rented for $2,050 + utilities. GROSS income = $52,800. EXPENSES = $6,750 (4,600 taxes & $2,150 insurance). CASH FLOW = $46 ,050 annually for a 5% CAP RATE. Occupancy Permit on file. Basement has all new windows except for two. Bas
* Values are estimates only and not a guarantee of lending or affordability.
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