Richmond Hill, Oak Ridges Lake Wilcox, L4E 3C9
$1,390,000
Listed by CENTURY 21 LANDUNION REALTY INC..
If you are looking for profitable investment property or STARTER home, this is the RIGHT one for you! around 7.2% cap rate for short stay income or live+$2k per month income to cover your mortgage!! You've Searched the Heart-Stopping One of a kind Morden Home Lake side Cottage Bungalow House, plus 2 unique liveable bunkies in backyard, bringing the property owner with GREAT CASH INCOME POTENTIAL, income Over $300 per night, Great Airbnb Site, or your City Retreat Site, Nature Lover's Paradise. Turn-Key to generate income for you. Total 2+2 bedrooms, 2 washrooms, 2 separate professionally landscaped yards, available to accommodates 2 families at the same time or up to 10 people per night on the whole property. Projected airbnb income around $100K+ Annually for Whole Property. Two bunkies comes with 2 Bed rooms + 1 living space + private access/backyard/3 Pcs bathroom which is available accommodates up to 4 people ; Front house + 2 Bedrooms + private large front yard/3 pcs bathroom/Full kitchen which is available accommodates up to 6 people. 3 Cars Driveway Parking Lot, 1 wilcox lakeside residential parking permit allow parking on front street / Wilcox lake parks for free which only available for limited local properties around the lake. 1 additional street free parking permit available. Large Front yard potential turning to 5 car parking. Recent renovated the Second washroom with separate entrance available for the bunkies users. Top school in the Neighbourhood, Step to the Sunset Beach, Oak Ridges Community Centre & Pool, Lake Wilcox Park. Easy access to Highway 404 Gormley/Bloomington Go Station. Front house Reno List attached. Fully upgraded in past 3 years, Skylights in Living Room with Cathedral Ceiling brings full of sunlight make its unique feature. Pot Lights and Smart Light Switches Through Out; Professional Landscaped backyard; All unique features above has Made This Home One of the Best in the Neighbourhood!!!
2021: Roof; Furnace/AC; Exterior Doors; ExteriorPainting; Kitchen; Washroom; 2023/24: Landscaping;
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
