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Comprising four individually titled attached bungalows, these units offer 2 bedrooms, 1.5 baths, and an array of modern conveniences. Step inside to find elegant kitchens with granite countertops, ample cupboard space, and stainless steel appliances. The attached garages provide inside entry, while the backyard patios offer a retreat for residents. Each unit includes an unfinished basement with legal egress windows, presenting a prime value-add opportunity finish the space and add a third bedroom to significantly increase rental income and property value. With stackable washer/dryers and a well-designed layout, this property is built for both comfort and investment growth. Each unit is currently rented for $2,207 plus utilities, with rent increasing to $2,260 per month on April 1, 2025, for two units and on July 1, 2025, for the remaining two units. The annual rental income is currently $105,936, with a Net Operating Income (NOI) of $88,332, and will increase to $90,876 once the rent adjustments take effect. Estimated expenses include property taxes of $10,588, insurance of $4,280, and sewer charges of $2,736. Located in a peaceful neighborhood, 32 David offers easy access to local amenities and recreational facilities, making it an ideal choice for tenants seeking a tranquil yet convenient lifestyle. A rare opportunity to enhance income potential - don't miss out on this investment! Schedule your viewing today!" +"ArchitecturalStyle": array:1 [ 0 => "Bungalow" ] +"Basement": array:2 [ 0 => "Full" 1 => "Unfinished" ] +"CityRegion": "807 - Edwardsburgh/Cardinal Twp" +"ConstructionMaterials": array:1 [ 0 => "Vinyl Siding" ] +"Cooling": array:1 [ 0 => "Central Air" ] +"Country": "CA" +"CountyOrParish": "Leeds and Grenville" +"CoveredSpaces": "4.0" +"CreationDate": "2025-04-19T00:40:37.554420+00:00" +"CrossStreet": "416 to Spencerville. Turn right onto highway 44, heading north. Then left onto Center Street. Left on Cook Street, then right onto David Street." +"DirectionFaces": "North" +"Exclusions": "Tenants Belongings" +"ExpirationDate": "2025-06-30" +"FoundationDetails": array:1 [ 0 => "Concrete" ] +"FrontageLength": "0.00" +"Inclusions": "4 Fridges, 4 Stoves, 4 Microwave Hood Fan, 4 Dishwashers, 4 Stackable Washer & Dryers, 4 Hot Water Tanks, 4 sets of Water Treatment Equipment." +"InteriorFeatures": array:2 [ 0 => "Water Heater Owned" 1 => "Water Treatment" ] +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "OREB" +"ListingContractDate": "2025-01-28" +"MainOfficeKey": "488700" +"MajorChangeTimestamp": "2025-01-30T17:37:37Z" +"MlsStatus": "New" +"OccupantType": "Tenant" +"OriginalEntryTimestamp": "2025-01-30T17:37:37Z" +"OriginalListPrice": 1499900.0 +"OriginatingSystemID": "A00001796" +"OriginatingSystemKey": "Draft1913754" +"ParcelNumber": "681410540" +"ParkingFeatures": array:2 [ 0 => "Inside Entry" 1 => "Lane" ] +"ParkingTotal": "8.0" 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The 3 bedroom includes the loft as 3rd bedroom, gas fireplace, cathedral ceiling, 4 piece bathroom with laundry and is the largest unit. The 2 bedroom unit with gas fireplace also includes a loft as a bedroom that kids love. The one bedroom is very cozy & a bachelor apartment are currently rented to year round excellent tenants. All units have appliances, a/c, bbqs, satellite TV, parking spots, 200 amps service & are fully furnished and winterized. A major renovation 18 years ago and more recently - new porches on 1, 2, & 3; replaced interior stairs in 2 & 3; new bathrooms in 2, 3, & bachelor; new kitchen in 2 & studio; upgraded insulation in basement; a new rental water heater/boiler! The boiler heats the two smaller units and is very efficient. Baseboard electric and gas fireplaces heat the larger units. This is a great investment opportunity. Utilities $8891. Rents $1600/1200/ weekly and similar pricing for winter tenants monthly. The two smaller units are $1000 all inclusive monthly." +"ArchitecturalStyle": array:1 [ 0 => "1 1/2 Storey" ] +"Basement": array:1 [ 0 => "Unfinished" ] +"CityRegion": "Grand Bend" +"ConstructionMaterials": array:1 [ 0 => "Vinyl Siding" ] +"Cooling": array:1 [ 0 => "Wall Unit(s)" ] +"CountyOrParish": "Lambton" +"CreationDate": "2024-10-10T12:30:28.908275+00:00" +"CrossStreet": "Huron at Centre" +"DirectionFaces": "West" +"ExpirationDate": "2025-05-05" +"ExteriorFeatures": array:2 [ 0 => "Deck" 1 => "Year Round Living" ] +"FireplaceFeatures": array:1 [ 0 => "Natural Gas" ] +"FireplaceYN": true +"FireplacesTotal": "2" +"FoundationDetails": array:2 [ 0 => "Concrete" 1 => "Wood" ] +"Inclusions": "all furnishings indoors and outdoors, appliances, window coverings." +"InteriorFeatures": array:1 [ 0 => "Storage" ] +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListingContractDate": "2024-09-05" +"LotSizeSource": "Geo Warehouse" +"MainOfficeKey": "793700" +"MajorChangeTimestamp": "2024-12-04T15:46:18Z" +"MlsStatus": "Extension" +"OccupantType": "Partial" +"OriginalEntryTimestamp": "2024-09-05T12:46:42Z" +"OriginalListPrice": 1250000.0 +"OriginatingSystemID": "A00001796" +"OriginatingSystemKey": "Draft1437138" +"ParcelNumber": "434410108" +"ParkingFeatures": array:1 [ 0 => "Front Yard Parking" ] +"ParkingTotal": "4.0" +"PhotosChangeTimestamp": "2024-09-05T12:46:42Z" +"PoolFeatures": array:1 [ 0 => "None" ] +"Roof": array:1 [ 0 => "Asphalt Shingle" ] +"Sewer": array:1 [ 0 => "Sewer" ] +"ShowingRequirements": array:1 [ 0 => "List Brokerage" ] +"SourceSystemID": "A00001796" +"SourceSystemName": "Toronto Regional Real Estate Board" +"StateOrProvince": "ON" +"StreetName": "Huron" +"StreetNumber": "21" +"StreetSuffix": "Street" +"TaxAnnualAmount": "3979.0" +"TaxAssessedValue": 336000 +"TaxLegalDescription": "LT 299 PL 24 STEPHEN; LAMBTON SHORES" +"TaxYear": "2024" +"Topography": array:1 [ 0 => "Flat" ] +"TransactionBrokerCompensation": "2" +"TransactionType": "For Sale" +"VirtualTourURLUnbranded": "https://unbranded.youriguide.com/2_3_21_huron_st_grand_bend_on" +"WaterBodyName": "Huron" +"Zoning": "R4" +"DDFYN": true +"Water": "Municipal" +"GasYNA": "Yes" +"CableYNA": "Yes" +"HeatType": "Water" +"LotDepth": 38.98 +"LotShape": "Rectangular" +"LotWidth": 81.12 +"SewerYNA": "Yes" +"WaterYNA": "Yes" +"@odata.id": "https://api.realtyfeed.com/reso/odata/Property('X9300267')" +"GarageType": "None" +"HeatSource": "Other" +"RollNumber": "384552001070900" +"Waterfront": array:1 [ 0 => "Waterfront Community" ] +"ElectricYNA": "Yes" +"RentalItems": "water heater/boiler" +"LaundryLevel": "Main Level" +"TelephoneYNA": "Yes" +"KitchensTotal": 4 +"ParkingSpaces": 4 +"UnderContract": array:1 [ 0 => "Hot Water Heater" ] +"WaterBodyType": "Lake" +"provider_name": "TRREB" +"ApproximateAge": "51-99" +"AssessmentYear": 2023 +"ContractStatus": "Available" +"HSTApplication": array:1 [ 0 => "Included" ] +"PossessionDate": "2025-01-10" +"PriorMlsStatus": "New" +"WashroomsType1": 1 +"WashroomsType2": 1 +"WashroomsType3": 1 +"WashroomsType4": 1 +"DenFamilyroomYN": true +"LivingAreaRange": "1500-2000" +"MortgageComment": "N/A" +"RoomsAboveGrade": 14 +"LotSizeRangeAcres": "< .50" +"PossessionDetails": "flexible" +"WashroomsType1Pcs": 4 +"WashroomsType2Pcs": 3 +"WashroomsType3Pcs": 3 +"WashroomsType4Pcs": 3 +"BedroomsAboveGrade": 6 +"KitchensAboveGrade": 4 +"SpecialDesignation": array:1 [ 0 => "Unknown" ] +"MediaChangeTimestamp": "2024-09-05T12:46:42Z" +"DevelopmentChargesPaid": array:1 [ 0 => "Unknown" ] +"ExtensionEntryTimestamp": "2024-12-04T15:46:18Z" +"PermissionToContactListingBrokerToAdvertise": true +"Media": array:40 [ 0 => array:26 [ …26] 1 => array:26 [ …26] 2 => array:26 [ …26] 3 => array:26 [ …26] 4 => array:26 [ …26] 5 => array:26 [ …26] 6 => array:26 [ …26] 7 => array:26 [ …26] 8 => array:26 [ …26] 9 => array:26 [ …26] 10 => array:26 [ …26] 11 => array:26 [ …26] 12 => array:26 [ …26] 13 => array:26 [ …26] 14 => array:26 [ …26] 15 => array:26 [ …26] 16 => array:26 [ …26] 17 => array:26 [ …26] 18 => array:26 [ …26] 19 => array:26 [ …26] 20 => array:26 [ …26] 21 => array:26 [ …26] 22 => array:26 [ …26] 23 => array:26 [ …26] 24 => array:26 [ …26] 25 => array:26 [ …26] 26 => array:26 [ …26] 27 => array:26 [ …26] 28 => array:26 [ …26] 29 => array:26 [ …26] 30 => array:26 [ …26] 31 => array:26 [ …26] 32 => array:26 [ …26] 33 => array:26 [ …26] 34 => array:26 [ …26] 35 => array:26 [ …26] 36 => array:26 [ …26] 37 => array:26 [ …26] 38 => array:26 [ …26] 39 => array:26 [ …26] ] } ] +success: true +page_size: 10 +page_count: 21 +count: 205 +after_key: "" } ] ]
