430 PARKSIDE Drive Mount Forest

430 PARKSIDE Drive, Mount Forest, Ontario

$799,900

  • 6 Beds
  • 4 Baths
  • 750 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 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:23309)

  • Listing ID: 40584284
  • Property Type: Single Family
  • Year Built: 1923

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Rooms

LevelTypeDimensions
Second LevelBedroom8'0'' x 7'0''
Second LevelLiving Room13'0'' x 11'0''
Second LevelBedroom12'0'' x 9'6''
Second Level4pc Bathroom8'0'' x 5'3''
Second LevelKitchen9'0'' x 8'0''
Third Level2pc Bathroom8'0'' x 3'8''
Third LevelBedroom17'0'' x 15'0''
Basement3pc BathroomMeasurements not available
BasementBedroom10'8'' x 9'4''
BasementBedroom11'2'' x 10'8''
BasementKitchen10'0'' x 11'0''
Main LevelLiving Room13'0'' x 11'0''
Main LevelFoyer14'4'' x 7'4''
Main LevelSunroom13'0'' x 6'6''
Main Level3pc Bathroom11'0'' x 4'0''
Main LevelBedroom9'6'' x 11'0''
Main LevelKitchen14'2'' x 13'0''
Main LevelLiving Room16'0'' x 10'6''

Details

  • Amenities Nearby: Hospital, Place of Worship, Playground, Schools, Shopping
  • Community Features: Community Centre
  • Equipment: None
  • Features: Skylight, Country residential
  • Ownership: Freehold
  • Parking Spaces: 8
  • Rental Equipment: None
  • Transaction: For sale
  • Zoning Description: R2

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 4
  • Bedrooms Lower Level: 2
  • Constructed Date: 1923
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fixture: Ceiling fans
  • Foundation: Block
  • Bathrooms (Half): 1
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2551 sqft
  • Stories Total: 2.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Place of Worship, Playground, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 59 ft
  • Size Irregular: 0.24
  • Size Total: 0.24 ac|under 1/2 acre

This property for sale, located at 430 PARKSIDE Drive in Mount Forest, was last modified on May 31st, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Mount Forest.

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