430 Parkside Drive Mount Forest, ON N0G 2L3
Listing Courtesy of: CREA - Coldwell Banker Feed / Coldwell Banker Win Realty, Brokerage / Drew Nelson

  430 Parkside Drive Mount Forest, ON N0G 2L3

Active (39 Days)
$597,399
6
BED
4
BATH

Description

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:8860)

MLS®:
40584284
Lot Size
10,454 SQFT
Type
Single-Family Home
Year Built
1923
County
Wellington County

Listed By

Drew Nelson, Coldwell Banker Win Realty, Brokerage
Source
CREA - Coldwell Banker Feed
Last checked Jun 16 2024 at 12:26 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
  • Partial Bathroom: 1
Subdivision
  • 72 - Mount Forest
Lot Information
  • Country Residential
  • Skylight
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Finished
  • Full
Exterior Features
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 8
  • Detached Garage
Stories
  • 3
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 17, 2024
Price Changed
$799,900
-6%
-50,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/15/24 17:26 Last Updated: 6/15/24 17:26