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1338 Seagull Dr

Mississauga, ON L5J 3T7
  • $1,125,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: W6647240
UPDATED: 28 min ago
$1,125,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Single-Family Home
County:
Area:

Description

ATTENTION INVESTORS. This is an investor's dream with multiple income streams. The current tenant has a term lease of $2,750/month (tenant pays utilities) till April 2026 with prepaid rent be prorated and paid to the new buyer on closing. However, the tenant is prepared to leave early. Current rent is below market rent. The house could be turned into a duplex by providing a partition wall in the front entrance giving the investor two income streams. Lower level rent is anticipated at $2,250 and upper level rent at $2,950 and are to be verified by buyer. A 30 day closing is preferred with rent being paid to the buyer in full to the end of the lease term. The buyer could also buy, obtain the rent money, and move into the house once the tenant vacates.

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | The Agency. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-21T12:45:45.65.
www.fishmangroup.ca/homes/141279543
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1338 Seagull Dr Mississauga, ON L5J 3T7

  • Price: $1,125,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 28 min ago
  • MLS #: W6647240
3
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Clarkson
County:
Ontario
Area:
Mississauga
Property Description
ATTENTION INVESTORS. This is an investor's dream with multiple income streams. The current tenant has a term lease of $2,750/month (tenant pays utilities) till April 2026 with prepaid rent be prorated and paid to the new buyer on closing. However, the tenant is prepared to leave early. Current rent is below market rent. The house could be turned into a duplex by providing a partition wall in the front entrance giving the investor two income streams. Lower level rent is anticipated at $2,250 and upper level rent at $2,950 and are to be verified by buyer. A 30 day closing is preferred with rent being paid to the buyer in full to the end of the lease term. The buyer could also buy, obtain the rent money, and move into the house once the tenant vacates.
Exterior Features

Drive Private Exterior Brick Fronting On E Garage Type None Lot Depth 125.00 Lot Front 50.00 Lot Size Code Feet Parking Spaces 4 Pool None Style Bungalow

Interior Features

Air Conditioning Central Air Basement Full Family Room No Fireplace Or Stove No Heat Source Gas Heating Forced Air Kitchens 1 Room1 Kitchen Room10 Utility Room11 Other Room2 Dining Room3 Living Room4 Prim Bdrm Room5 2nd Br Room6 3rd Br Room7 Rec Room8 Den Room9 Laundry Rooms 6 Rooms Plus 4

Property Features

Cross Streets Truscott Dr/Seagull Dr Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2023 Taxes 5192.27 Total Parking Spaces 4.0 Water Municipal

Listing courtesy of Royal Lepage Real Estate Services Regan Real Estate.
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Fishman Group | The Agency. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-21T12:45:45.65.
 
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