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5382 Spruce Ave

Spruce Ave, South Burlington, Burlington, ON, L7L 1N7

5
Beds
3
Baths
1,100 - 1,500
Sq. Ft.
-
$XXX,XXX
Details
Photos
40
Comparables
History
5382 Spruce Ave, Burlington, ON - 1 of 3
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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...

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. 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.

Property Details

Size

1,100 - 1,500 sq. ft.
11 total rooms
5 Beds
3 Above Grade - 2 Below Grade
3 Baths

Parking

5 Parking Spaces
None

Build

Year Built
1924 - 1972
Model Name
-
Basement
Finished, Sep Entrance
Exterior
Brick Front, Stone
Foundation
-
Builder Name
-
Stories
-
Flooring
Hardwood Floor, Laminate
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Prim Bdrm

9′10″ x 13′3″

2nd Br

8′9″ x 10′1″

3rd Br

10′10″ x 10′0″

Dining

10′6″ x 10′10″

Great Rm

11′8″ x 20′6″

Kitchen

7′6″ x 10′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$4,350

Source

Listing Brokerage

MLS® Listing
W6761392
Last Updated
November 7, 2023
Brokerage
RE/MAX REALTY SPECIALISTS INC.
Call us 800-591-0566

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