Turn-Key Licensed Student Rental with Exceptional Income Potential Fabulous investment opportunity-live in one portion of the home while generating substantial rental income to help offset your mortgage. This fully licensed student rental offers an outstanding setup with 7 spacious bedrooms and 6 bathrooms, including the option to create a private owner's suite. This impressive two-storey home features over 2,860 sq. ft. of finished living space, thoughtfully designed for comfort, efficiency, and long-term value. The main level boasts a bright and spacious living room, formal dining area, large functional kitchen, convenient 2-piece bathroom, and main-floor laundry facilities. Upstairs, you'll find 4 generous bedrooms, including a large primary suite, along with 3 full 4-piece bathrooms, providing privacy and convenience for tenants or family members. The fully finished lower level features a separate entrance, 3 additional bedrooms, a second kitchen, rough-in for laundry, and a 4-piece bathroom-ideal for extended family or maximizing rental income. This property generates an impressive gross monthly income of $5,220 (see attachments for details). Ideally located just minutes from Brock University, Niagara College, public transit, parks, and shopping, this home is perfectly positioned for investors or families seeking a multi-generational living solution. Don't miss this rare opportunity to own a turn-key income property in a highly desirable location with strong cash flow and outstanding potential. (id:13843)
| MLS # | 40859163 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 2018 |
| Days On Site | 74 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Velimir Gavrilovic |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 2,865 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R1E |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air |
| Appliances | Dishwasher, Garage door opener, Microwave Built-in |
| Fireplace Yes / No | No |
| Security Features | Alarm system |
|---|---|
| Lot Features | Sump Pump, Automatic Garage Door Opener |
| Parking Features | Attached Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 6858 |
|---|
| Province | ON |
|---|---|
| City | Thorold |
| Postal Code | L2V0J1 |
| Community Name | 558 Confederation Heights |
| Listing VS Median (in 558 Confederation Heights) | |
Price: $899,900 low | high Med: $2,600 sqft: 2,865 low | high Med: 2,000 $ / sqft: $314 low | high Med: $1 On site: 74 low | high Med: 27 | |
| Province | ON |
|---|---|
| City | Thorold |
| Postal Code | L2V0J1 |
| Community Name | 558 Confederation Heights |
| Listing VS Median (in 558 Confederation Heights) | |
Price: $899,900 low | high Med: $2,600 sqft: 2,865 low | high Med: 2,000 $ / sqft: $314 low | high Med: $1 On site: 74 low | high Med: 27 | |