
5382 Spruce Ave N (Spruce Ave & Hampton Heath Rd)
Price: $1,199,000
Status: Sale Pending
MLS®#: W6761392
- 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)?

Bev MacLean Broker, SRES®, CSP®
Re/Max Realty Specialists Inc., Brokerage
Your Real Estate Consultant....For Life!
- (416) 270-3679
- (905) 828-3434
- (905) 828-2829
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Real Estate Websites by Web4Realty
https://web4realty.com/