Toronto Real Estate

5382 Spruce Avenue

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$1,199,000

$*,***,***

3+2-Bed

3-Bath

1100-1500 Sq. ft

Listed on 8/22/23

Come live in this 3+2-bed, 3-bath Home

Listed by RE/MAX REALTY SPECIALISTS INC.

ATTENTION INVESTORS!! FIRST TIME HOME BUYERS! TWO INDEPENDENT UNITS! POSITIVE CASH FLOW. This is your chance to own a detached 3+2 bedroom, 3 bathroom Bungalow in the desirable area of Burlington. Airbnb main floor net profit $4200/month and the lower level for appox $2200/month. Fabulous lot for future development or expansion! The renovated main floor includes hardwood flooring, new closet doors, ecobee thermostat, light fixtures, trim, designer kitchen complete with slate floors, stainless steel appliances, quartz countertops, undermount lighting and marble backsplash! The large living room windows allow a ton of natural light. Easy access to the backyard through the kitchen double doors which is perfect for those backyard BBQ's. On the main floor you will also find three large bedrooms and a four piece bathroom with marble floors, counter and double vanity. Close to Lake, and other amenities.

Extras

Net Profit for Upstairs AirBnB is $4200/month after paying utilities and cleaning expenses. Downstairs occupied by owner. Basement can be rented for $2200/month.

Gallery

MLS #

W6761392

Style

Detached, Bungalow

Sq/Ft

1100-1500

Rooms

6+5

Bedrooms

3+2

Bathrooms

3

Parking Spaces

5

Year Built

51-99

A/C

Central Air

Basement

Finished, Sep Entrance

Den

Y

Elevator

N

Exterior

Brick Front, Stone

Heating

Forced Air

Fireplace

N

Taxes

$4,350.00 (2023)

Acreage

< .50 Acres

Lot

106.18x60.12 (Feet)

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Homes 5382 Spruce Avenue, Burlington