"No Bidding War Here!" Great investment opportunity with this legal rooming house. This spacious 2,200 sq. ft. home features six bedrooms and is currently occupied by five tenants, with one room vacant, offering immediate income growth potential. Current rental income totals $3,006 per month. The ...property includes a two-car garage, a fully fenced backyard, and a finished basement of approximately 900 sq. ft., providing additional usable living space. The original living room and family room have been converted into bedrooms to maximize rental potential, while the original dining room now serves as a shared living area. Tenants also enjoy access to a shared eat-in kitchen. Operating costs are reasonable, with 2025 utility expenses totaling approximately $1,600 for hydro, $1,532 for gas, and $2,330 for water. This well-maintained legal rooming house offers strong cash-flow potential and is an excellent opportunity for investors seeking a turnkey income property with room for increased revenue through full occupancy.
Full Property Details
Interior
Bedrooms
4
Bedrooms Plus
0
Total Bedrooms
4
Washrooms
4
Square Footage
2000-2500 sqft
Basement
Full,Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
Yes
Kitchens
1
Kitchens Plus
0
Total Kitchens
1
Fireplace Features
Yes
Bedrooms
4
Bedrooms Plus
0
Total Bedrooms
4
Washrooms
4
Square Footage
2000-2500 sqft
Basement
Full,Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
Yes
Kitchens
1
Kitchens Plus
0
Total Kitchens
1
Fireplace Features
Yes
Exterior
Depth
120.41
Front
39.37
Driveway
Private Double
Lot Size
39 x 120.41 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
6.00
Parking Description
Attached
Garage Spaces
2
Zoning
R3
Depth
120.41
Front
39.37
Driveway
Private Double
Lot Size
39 x 120.41 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
6.00
Parking Description
Attached
Garage Spaces
2
Zoning
R3
Building Description
Style
2-Storey
Home Type
House
Subtype
Detached
Year Built
31-50
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
House
Subtype
Detached
Year Built
31-50
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Grove East
Community
Grove East
Taxes & Fees
Taxes
$5,308 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,308 /yr
Tax Year
2025
Occupancy
Tenant
Room Types
Bathroom
2 Pc Bath
Dimensions - feet
0 sqft
Bathroom
4 Pc Bath
Dimensions - feet
0 sqft
Bedroom
-
Dimensions 10.17 x 12.01 feet
122.14 sqft
Bedroom
-
Dimensions 12.14 x 9.81 feet
119.09 sqft
Bedroom
-
Dimensions 12.96 x 9.09 feet
117.81 sqft
Dining Room
-
Dimensions 13.29 x 8.69 feet
115.49 sqft
Family Room
-
Dimensions 19.69 x 10.66 feet
209.9 sqft
Kitchen
-
Dimensions 18.04 x 11.15 feet
201.15 sqft
Living Room
-
Dimensions 21 x 10.56 feet
221.76 sqft
Primary Bedroom
-
Dimensions 16.9 x 11.32 feet
191.31 sqft
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