430 Parkside Drive Mount Forest, Ontario N0G 2L3

6 Bedroom 4 Bathroom 2551 sqft
None Forced Air


Investors take notice, this property has been very diligently and meticulously taken care of and updated over the years. Thinking of buying a home and having someone help pay the mortgage? This is a great opportunity for that with traditional lenders being able to use market rents to help you qualify for a purchase. Live in 1 unit and have the other two subsidize your mortgage. This is a great time and way to get an investment property for now and the future. Unit 1 has private use of the North side driveway and has their own private entrance at the rear. A nice mudroom and living room above grade with a 3pc bath, 2 bedrooms, eat in kitchen and storage. Unit 2 is a nice 1 bedroom apartment on the main floor with a great sunroom, living room, eat in kitchen, 3pc bath and large bedroom. This unit gets parking on the south side driveway. Unit 3 is on the 2nd and 3rd floors which comes with 3 bedrooms, kitchen, 4pc bath, 2pc bath and a large living room. This unit also has its own parking on the south side driveway. All of the units have separate hydro meters and hot water tanks. All units also have in-suite laundry. There is outdoor storage for tenants and a large inviting fenced rear yard for the tenants to share. There is also a detached garage with hydro which the Landlord currently uses but could be used to generate more income. Some of the many upgrades over the years include: Appliances, washrooms, flooring, windows, roof, central air, furnace, electrical, fire safety, paint, plumbing and more. Ask your Realtor for a complete list of upgrades. Priced at a 5% Cap Rate, this property is perfect to add to your portfolio of investments or to jump in for your first. Solid Brick, Solid Income, Solid Investment. (id:48307)

Property Details

MLS® Number 40584298
Property Type Multi-family
Amenities Near By Hospital, Place Of Worship, Playground, Schools, Shopping
Community Features Community Centre
Features Skylight, Sump Pump
Parking Space Total 8


Bathroom Total 4
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1923
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2551 Sqft
Type Triplex
Utility Water Municipal Water


Detached Garage


Acreage No
Land Amenities Hospital, Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 180 Ft
Size Frontage 59 Ft
Size Irregular 0.24
Size Total 0.24 Ac|under 1/2 Acre
Size Total Text 0.24 Ac|under 1/2 Acre
Zoning Description R2



Contact us for more information

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Drew Nelson

(519) 321-1224
(519) 323-1092

Coldwell Banker Win Realty Brokerage
153 Main Street South, P.o. Box 218
Mount Forest, Ontario N0G 2L0

(519) 323-3022
(519) 323-1092

Joan Stewart

(519) 270-0712
(519) 881-2694

Wilfred Mcintee & Co Ltd Brokerage (Walkerton)
Box 549, 11 Durham Street West
Walkerton, Ontario N0G 2V0

(519) 881-2270
(519) 881-2694