ID 578197

430 PARKSIDE Drive, Mount Forest, Ontario N0G 2L3

430 PARKSIDE Drive, Mount Forest, Ontario N0G 2L3

$799,900.00

  • 6 bedrooms
  • 4 bathrooms
  • 2,551 Square Feet

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 ... read more

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:25417)

  • Listing ID: 40584284
  • Property Type: Single Family
  • Year Built: 1923
Property
Ownership: Freehold
Lot Size: 0.24 Ac (Under 1/2 Acre)
Parking: Detached Garage
8 Spaces
Building
Type: Single Family House
HVAC: Fireplace and Forced Air
Natural Gas
Exterior: Brick
Basement: Full (Finished)
Utilities: Municipal Sewage System
Location
Town: Mount Forest
Province: Ontario
Nearby Amenities: Community Centre, Hospital, Place Of Worship, Playground, Schools and Shopping
Rooms Level Dimensions
Bedroom Second level 8'0'' x 7'0''
Living room Second level 13'0'' x 11'0''
Bedroom Second level 12'0'' x 9'6''
4pc Bathroom Second level 8'0'' x 5'3''
Kitchen Second level 9'0'' x 8'0''
2pc Bathroom Third level 8'0'' x 3'8''
Bedroom Third level 17'0'' x 15'0''
3pc Bathroom Basement Measurements not available
Bedroom Basement 10'8'' x 9'4''
Bedroom Basement 11'2'' x 10'8''
Kitchen Basement 10'0'' x 11'0''
Living room Main level 13'0'' x 11'0''
Foyer Main level 14'4'' x 7'4''
Sunroom Main level 13'0'' x 6'6''
3pc Bathroom Main level 11'0'' x 4'0''
Bedroom Main level 9'6'' x 11'0''
Kitchen Main level 14'2'' x 13'0''
Living room Main level 16'0'' x 10'6''

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430 PARKSIDE Drive, Mount Forest, Ontario N0G 2L3
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This property, located on PARKSIDE Drive in Mount Forest Ontario, was published on May 7th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Mount Forest convenient.