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    For Sale - 104 Viewmount Drive, Meadowlands - Crestview and Area, Ontario

    Est payment $3,597/mo
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    Views   2
    Time on Jump  60 day

    AI Summary *

    • Strong existing rental income of $3,716.24 per month.
    • Legal secondary dwelling unit with separate entrance and utilities.
    • Spacious main floor layout with large living room and backyard deck.
    • Oversized lot with potential for future development or expansion.
    • Convenient location near schools, parks, and shopping amenities.




    Exceptional investment opportunity with strong existing income and a legal secondary dwelling unit (sdu)! Welcome to 104 viewmount drive, a well-maintained bungalow situated on an oversized lot in a convenient central location. Currently generating $3,813. 06 per month in rental income & with a cap rate of 5. 2%, this turnkey property offers immediate cash flow with excellent long-term upside. The main floor unit features a bright and spacious layout with a large living room highlighted by an oversized picture window, an adjoining dining area with patio doors leading to the backyard deck, and a functional kitchen with ample cabinetry and workspace. Three generously sized bedrooms, a full bathroom, and in-unit laundry complete the upper level. The fully finished lower-level legal sdu offers a separate entrance through a ground-floor mudroom and features an open-concept kitchen, dining and living area, three bedrooms, and separate laundry. The flexible layout makes this property ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. A major benefit for investors is the separate hydro metering, with tenants responsible for their own hydro costs. The upper unit also pays its own natural gas heating, helping keep operating expenses low and maximizing net income. Outside, you'll find a wide driveway, attached garage, attractive curb appeal, and a large lot with ample outdoor space. The oversized lot also presents future development or expansion potential, subject to municipal approvals. Whether you're looking to add a cash-flowing asset to your portfolio, live in one unit while renting the other, or secure a versatile multi-generational property, this property delivers exceptional value. Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.
    Listing IDX13428616
    Address104 Viewmount Drive
    CityMeadowlands - Crestview and Area, Ontari…
    Price$749,000
    Bed / Bath6 / 2 Full
    StyleBungalow, Detached
    ConstructionStone, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Full, Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    104 Viewmount Drive
    Meadowlands - Crestview and Area , Ontario
    6 2 $749,000
    Get more info