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!
Broker: Real One Realty Inc
Name | Attributes | Dimensions (LxW) |
---|---|---|
Kitchen | 4.39 x 2.67 | |
Prim Bdrm | 3.07 x 2.9 | |
Bathroom | 3 Pc Ensuite | 1.5 x 2 |
2nd Br | 3.9 x 2.98 | |
3rd Br | 3.4 x 2.06 | |
4th Br | 2.79 x 2.29 | |
Bathroom | 4 Pc Bath | 2 x 3 |
5th Br | 3.89 x 3.39 | |
Bathroom | 3 Pc Bath | 2 x 3 |
Br | 3.05 x 2.84 | |
Br | 3.96 x 3.35 | |
Bathroom | 3 Pc Bath | 0.5 x 1 |