• MLS® #: 30756089
  • 5 Fair Avenue
  • Grimsby, Ontario L3M2A3
  • $999,900
  • 4 Beds, 2 Bath, 1950 SqFt
  • Single Family
  • Office: Mcgarr Realty Corp, Brokerage

Investment property currently generating $31,200/yr in rental income located in the heart of Grimsby's Exclusive Historic Beach Community. Duplex with 2 two bedroom units both rented at $1,300/mo. Treed double lot 100'x100'. The ground work has been done to help take advantage of the potential value in this piece of property, the town has agreed that the highest and best use would be "3" single residential building lots. The vendor will assist in providing any information and research that has gone into talks with the township to lead to this recommendation. 3 single family residential (33' x 100') lots with potential for a detached garage." Located one minute from the QEW at Bartlett exchange. Secure your investment with this location's appreciation, offering value through development. Please allow 24 hrs (or more) notice for showings. (id:6289)

Essential Information

  • Listing #30756089
  • Price$999,900
  • Bedrooms4
  • Bathrooms2.00
  • Square Footage1,950
  • TypeSingle Family
  • Sub-TypeHouse

Community Information

  • Address5 Fair Avenue
  • Subdivision540 - Grimsby Beach
  • CityGrimsby
  • StateOntario
  • Zip CodeL3M2A3

Amenities

  • AmenitiesPark
  • UtilitiesWater
  • Parking Spaces5
  • ParkingAttached garage
  • # of Garages1
  • ViewLake view

Features

Park setting, Treed, Wooded area, Park/reserve, Beach, Double width or more driveway, Paved driveway

Interior

  • HeatingNatural gas Forced air
  • CoolingNone
  • Has BasementYes
  • BasementUnfinished

Exterior

  • ExteriorAluminum siding, Brick
  • FoundationBlock

Property Location

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