36 Pearl Ave
Leamington
$549,900
Buy with Dwelly and Save $5,499
Home Details
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Listing Description
Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a basement apartment for additional income. Currently rented by the room (4 of 6 rooms tenanted); (UPPER) room #1: $1,000/mo, room #2: $800/mo (vacant), room #3: $800/mo (vacant), room #4: $800/mo; (LOWER) room #5: $1,000/mo, room #6: $800/mo. Shared kitchen and bath on UPPER level & 2nd shared kitchen & bath on LOWER level. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Tenants willing to stay or vacate if buyer is end user. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood.
All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings.
City: Leamington
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Nov 22, 2022 | 44 | $539,000 | $539,000 | Sold | X5834081 |
Rooms
Room dimensions for 36 Pearl Ave, Leamington
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 36 Pearl Ave is 2998
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $549900 |
| Down Payment | $109980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $439920 |
Monthly Payment
| Mortgage Payment | $2711 |
| Property Taxes | $287 |
| Maintenance Fees | $0 |
| Monthly Payment | $2998 |
Sold Comparables
Sold Comparables homes near 36 Pearl Ave, Leamington
About 36 Pearl Ave, Leamington
Located at 36 Pearl Ave , this Leamington house is available for sale. This property was listed for $549,900 on Mon Nov 18 2024. This house's size is 2000-2500 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Prim Bdrm, Foyer, 2nd Br, 3rd Br, 4th Br, Bathroom, Kitchen, Br, 2nd Br, Bathroom, Laundry. This property comes with 4 parking spots.
MLS#: X10426438 · $549,900 · 4 bedroom house in Leamington