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OAKLANDS

2729 Belmont Ave -

Traditional Fernwood home 2 bedroom 1 bath up, 2 bedroom 1 bath down. Currently tenanted and bringing in approx $35k AGR providing a 4.2% cap rate. Over $100k in upgrades including: new exterior paint (15 yr warranty), new roof (30 yr), newer kitchens, new hot water tanks, 200 amp service, base board heating, blown insulation (r71),easy care landscaping, carpet over refinished oak hardwood floors, new sewer lines to road and more. All renos done while preserving the character aspects of the home (coved ceilings, fireplace etc).This home needs nothing. Buy it as a revenue property and earn 4.2%, buy it and live upstairs and have downstair tenant help with mortgage. Walkscore of 79 and only 9 houses away from Oaklands School

Property Details

  • Property ID: 101247687
  • New Construction: No
  • Style: Residential
  • Neighbourhood: Oaklands
  • Status: Active
Listed By Jot Home of CENTURY 21 Queenswood Realty Ltd.