Imagine having your mortgage cut in half or having extra money in your pocket. Host of HGTV’s Income Property, Scott McGillivray, says, “The number one thing that stops people from getting into real estate investing is starting.”
For many of us, we have dreamed of owning property that would help support our own mortgage or provide us with more money to save, spend, or dish out for college tuition. Whatever the reason may be for wanting an income property, The West Team is here to tell you it is possible and we’ve got a prime property for you.
Located in Bells Corner, central to grocery stores, shops, Bell High School, and a direct bus route to Algonquin College, 17 Longwood Ave presents an amazing investment opportunity. With a entrance to the main foyer and a back entrance leading towards the basement apartment, it is possible for an owner and tenant to live separately but harmoniously.
The main level living and dining room is filled with light from the massive front window and is centered around a beautiful white fireplace. The kitchen is bright and has plenty of space for prep and storage. Three bedrooms on this level are spacious and have ample closet space.
Linking the upper and lower level together is the shared laundry space below the basement stairs before the entrance of the apartment. This open concept space has a full kitchen with stove, double sink, storage and opportunity for a dining set. The living area hosts TV space, room for a desk and plenty of room for lounging about.
The basement apartment’s bedroom has a wall of closet space and a full bathroom with a glass enclosed standing shower. This makes this one bedroom ideal for either renting to a mature student or professional or owner occupancy in the basement while renting the three bedrooms upstairs.
Own this home for $1866* per month!! With a little love, this basement apartment could likely yield you $900/month which could cut your mortgage in HALF!
Contact The West Team today to learn how we can make your dream home a reality and put extra money in your pocket.
The West Team invests in clients to get their home sold.
Call 613-721-7427 or email Homes@TheWestTeam.ca. You can also follow The West Team on Facebook, Twitter or Instagram to see more posts like this one!
*Based on principle and interest OAC w/ 5% down payment 2.70% amm 25 years