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W6761392
$1,199,000

5382 Spruce Ave N (Spruce Ave & Hampton Heath Rd)

Price: $1,199,000

Status: Sale Pending 

MLS®#: W6761392

$1,199,000
  • Tax: $4,350 (2023)
  • Community:Appleby
  • City:Burlington
  • Type:Residential
  • Style:Detached (Bungalow)
  • Beds:3+2
  • Bath:3
  • Size:1100-1500 Sq Ft
  • Basement:Finished (Sep Entrance)
  • Age:51-99 Years Old

Features:

  • ExteriorBrick Front, Stone
  • HeatingForced Air, Gas
  • Sewer/Water SystemsPublic, Sewers, Municipal
  • Lot FeaturesPark, Public Transit

Listing Contracted With: RE/MAX REALTY SPECIALISTS INC.

Description

ATTENTION INVESTORS!! FIRST TIME HOME BUYERS! TWO INDEPENDENT UNITS! POSITIVE CASH FLOW. This is your chance to own a detached 3+2 bedroom, 3 bathroom Bungalow in the desirable area of Burlington. Airbnb main floor net profit $4200/month and the lower level for appox $2200/month. Fabulous lot for future development or expansion! The renovated main floor includes hardwood flooring, new closet doors, ecobee thermostat, light fixtures, trim, designer kitchen complete with slate floors, stainless steel appliances, quartz countertops, undermount lighting and marble backsplash! The large living room windows allow a ton of natural light. Easy access to the backyard through the kitchen double doors which is perfect for those backyard BBQ's. On the main floor you will also find three large bedrooms and a four piece bathroom with marble floors, counter and double vanity. Close to Lake, and other amenities.


Highlights

Net Profit for Upstairs AirBnB is $4200/month after paying utilities and cleaning expenses. Downstairs occupied by owner. Basement can be rented for $2200/month.

Want to learn more about 5382 Spruce Ave N (Spruce Ave & Hampton Heath Rd)?

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Bev MacLean

Broker, SRES®, CSP®

Re/Max Realty Specialists Inc., Brokerage

Your Real Estate Consultant....For Life!

Rooms

Room
Level
Dimensions MFt
Features
Prim Bdrm
Level: Ground
Dimensions: 3m x 4.04m
Features: Hardwood Floor
2nd Br
Level: Ground
Dimensions: 2.69m x 3.08m
Features: Hardwood Floor
3rd Br
Level: Ground
Dimensions: 3.32m x 3.05m
Features: Hardwood Floor
Dining
Level: Ground
Dimensions: 3.22m x 3.32m
Features: W/O To Yard
Great Rm
Level: Ground
Dimensions: 3.56m x 6.27m
Features: Bay Window, Hardwood Floor
Kitchen
Level: Ground
Dimensions: 2.29m x 3.05m
Features: B/I Dishwasher, Granite Counter
Great Rm
Level: Bsmt
Dimensions: 3.84m x 6.1m
Features: Laminate
Kitchen
Level: Bsmt
Dimensions: 3.2m x 3.5m
Features: B/I Dishwasher
Prim Bdrm
Level: Bsmt
Dimensions: 3.05m x 4.52m
Features: Laminate

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/