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430 Parkside Dr

Parkside DrWellington NorthON, N0G 2L3

6
Beds
4
Baths
2,551
Sq. Ft.
$799,900
List Price
430 Parkside Dr, Wellington North, ON - 1 of 3
430 Parkside Dr, Wellington North, ON - 2 of 3
430 Parkside Dr, Wellington North, ON - 3 of 3
New
26 days on market

Quick Summary

  • Meticulously maintained investment property
  • Opportunity for owner-occupied investment
  • Three separate units with private entrances
  • All units have in-suite laundry and meters
  • Shared fenced rear yard for tenants
  • Detached garage with electricity
  • Numerous recent property upgrades
  • Priced at 5% capitalization rate

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... Show More

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:54626)

Property Details

Size

2,551 sq. ft.
18 total rooms across 2 floors
6 Beds
4 Above Grade - 2 Below Grade
4 Baths
3 Full - 1 Partial

Parking

8 Parking Spaces
Detached Garage

Lot

Size
707′11″ * 2160′0″
Acres
-

Build

Year Built
1923
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Bedroom

7′0″ x 8′0″

Living room

11′0″ x 13′0″

Bedroom

9′6″ x 12′0″

4pc Bathroom

5′3″ x 8′0″

Kitchen

8′0″ x 9′0″

2pc Bathroom

3′8″ x 8′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40584284
Last Updated
May 31, 2024
Brokerage
WILFRED MCINTEE & CO LTD Brokerage (Walkerton),COLDWELL BANKER WIN REALTY Brokerage
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Call us 800-591-0566

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