Active
36 Pearl Avenue, Leamington, ON N8H 1J7
Overview
Property ID: X10426438
- Residential, Detached
- 4
- 2
Description
Turnkey cash flow positive investment property boasting a whopping 7.6% cap rate OR the perfect family home with a separate entrance & basement apartment for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $4,000/month. Nearly $966/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. **EXTRAS** All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings.
Address
Open on Google Maps- Address 36 Pearl Avenue
- City Leamington
- State/county ON
- Zip/Postal Code N8H 1J7
- Country CA
Details
Updated on March 5, 2025 at 8:01 pm- Property ID: X10426438
- Price: $499,900
- Bedrooms: 4
- Bathrooms: 2
- Garage Size: x x
- Property Type: Residential, Detached
- Property Status: Active
- MLS#: X10426438
Additional details
- Roof: Other
- Sewer: Sewer
- Cooling: Central Air
- County: Essex
- Property Type: Residential
- Pool: None
- Parking: Private
- Architectural Style: Bungalow-Raised
Features
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Mortgage Calculator
$4,951.33
Monthly
- Principal & Interest $3,618.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
