$499,900 $2,684 est/mo Sourced by Back At You
36 Pearl Avenue , Leamington, ON N8H 1J7
Leamington, ON N8H 1J7
Description
Turnkey cash flow positive investment property boasting a whopping 7.6% cap rate OR the perfect family home with a separate entrance & basement apartment for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $4,000/month. Nearly $966/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. **EXTRAS** All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings.
Details
| MLS# | X10426438 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 127 |
| Listing Provided By | ROYAL LEPAGE YOUR COMMUNITY REALTY | X10426438 087008 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Essex |
| City | Leamington |
| Postal Code | N8H 1J7 |
| Listing VS Median (In N8H 1J7) | |
Price: $499,900 low | high Med: $0 On site: 127 low | high Med: | |
Listing Updated: March 5, 2025 at 4:04:50 PM PST
