Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

21 Huron Street, Lambton Shores, ON N0M 1T0 (Huron at Centre)
$ 1250000 - MLS : X9300267

From Our Gallery

Description

INVESTORS! 4 cottage complex is situated just a block from the North Beach downtown and is a money maker! 98% occupancy with many repeat clients. The 3 bedroom includes the loft as 3rd bedroom, gas fireplace, cathedral ceiling, 4 piece bathroom with laundry and is the largest unit. The 2 bedroom unit with gas fireplace also includes a loft as a bedroom that kids love. The one bedroom is very cozy & a bachelor apartment are currently rented to year round excellent tenants. All units have appliances, a/c, bbqs, satellite TV, parking spots, 200 amps service & are fully furnished and winterized. A major renovation 18 years ago and more recently - new porches on 1, 2, & 3; replaced interior stairs in 2 & 3; new bathrooms in 2, 3, & bachelor; new kitchen in 2 & studio; upgraded insulation in basement; a new rental water heater/boiler! The boiler heats the two smaller units and is very efficient. Baseboard electric and gas fireplaces heat the larger units. This is a great investment opportunity. Utilities $8891. Rents $1600/1200/ weekly and similar pricing for winter tenants monthly. The two smaller units are $1000 all inclusive monthly.

Location Description

Huron at Centre

Property Detail

Community: Grand Bend
Property Type: Partial/Residential Freehold
Bedrooms: 6
Bath: 4
Garages: None
Annual Property Taxes : $ 3979

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete-Wood
Counstruction Material : Vinyl Siding
Total Parking Space : 4
Parking Type : None

Amenities

Heating : WaterOther
Sewer : Sewer ,

Listing Contracted With: OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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