Address
1429 MEADOW DRIVE Greely, ON
Price
$ 1,399,000
Property Attributes
  • ID#1274684
  • TypeSingle Family
  • CityGreely
  • NeighbourhoodGreely
  • Postal CodeK4P 1B1
  • StyleDetached
  • Price$ 1,399,000
  • Bedrooms5
  • Bathrooms3
  • Half Bathrooms0
Listing Provided Courtesy Of:
Jason Pilon with Re/Max Hallmark Pilon Group Realty
Data Source:
RLP - CREA EN
Property Description

Great low-maintenance investment opportunity! Beautifully renovated multifaceted income property that provides multiple avenues for income generation. This fully tenanted property features 2 residential units, a garage rental and quonset that sit on a huge 1.1 acre parcel of land in the beautiful town of Greely. The main house features a 4bd unit (A) grossing $2345 and a 1 bedroom unit (B) grossing $1640. Additional sources of income include the insulated 3 bay garage at $1130 and a commercial-grade insulated Quonset rented at $1921. Producing a cap rate of just over 4%. VM-3 zoning allows for even more potential with a plethora of permitted uses. Conveniently located close to amenities, schools and parks.The perfect property to broaden your investment portfolio. (id:27)

General Features

Beds 5
Parking Spaces 10

Interior Features

Bedrooms 5
Bedrooms Above 5
Total Baths 3

Exterior Features

Lot Frontage 184.9
Lot Size 184.95 ft X 0 ft (Irregular Lot)
Jumpid 16833286
Mls 1274684

Room Details

Room Dimensions Level Flooring Details
Bathroom Measurements not available 2nd Level
Bathroom Measurements not available Main Level
Bathroom Measurements not available 2nd Level
Bedroom 10'3" x 9'5" 2nd Level
Bedroom 11'4" x 10'4" 2nd Level
Bedroom 11'5" x 11'4" 2nd Level
Bedroom 15'8" x 13'8" Main Level
Dining 13'11" x 7'9" 2nd Level
Dining 13'8" x 8'6" Main Level
Kitchen 13'11" x 11'9" 2nd Level
Kitchen 13'8" x 9'2" Main Level
Living 19'3" x 10'2" Main Level
Living 20'11" x 20'2" Main Level
Master Bedroom 19'6" x 13'1" 2nd Level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K4P 1B1

Price
AVG $1.4M
$1.4M
Visits
AVG 7
6
Year Built
AVG 1875
1875
Walkscore
AVG 29
28
Data Provided by Walkscore ® not using MLS data

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