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188 Olde Bayview Avenue Image 1

$990,000

May 7Other For Sale
bedrooms4bed
washrooms6bath
MLS - #N12129452

188 Olde Bayview Avenue, Richmond Hill, ON L4E 3C9

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Average Price
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Property Description

Property type

Other

Lot size

N/A

Style

Bungalow

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom3.56 x 2.97 mWalk-In Closet(s)Ground
Bedroom3.56 x 2.39 mClosetGround
Bathroom2.31 x 12.18 mN/AGround
Laundry1.78 x 1.96 mN/AGround

About 188 Olde Bayview Avenue

Unique 4 bedroom 2 washroom Lakeside house with profitable rental income! 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, 3 structures on the land, bringing the property owner with GREAT CASH INCOME POTENTIAL, 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!!!

Home Overview

Last updated

May 7

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Other

Maintenance fee

$N/A

Year built

2024

Listed by CENTURY 21 LANDUNION REALTY INC.

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:Private, Front Yard Parking

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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