Property Information:
TURNKEY INVESTMENT | $60,000 ANNUAL YIELD Seize this remarkable opportunity to acquire an exceptional income property, ideally located in the heart of a quiet and highly desirable neighborhood in Cowansville. Combining a serene living environment with convenient access to essential services, local shops, and major highways, this property is the ideal choice for any investor seeking financial stability and strong long-term returns.
Immediate, Guaranteed Profitability
This property stands out for its strong financial performance. With a lease currently in place generating $60,000 in gross annual income, you benefit from financial security and high predictability right from day one. This solid tenant structure lets you maximize your return on investment immediately, without the hassle of initial leasing.
A Spacious Lot with Endless Potential
Sitting on an impressive lot of over 15,780 square feet, the property features a rare, open outdoor space. The generous lot size represents a major strategic asset that boosts the overall value of the property. Over the long term, this space leaves room for various development or landscaping projects, subject to current municipal bylaws.
An Optimal Layout for Rental Demand
Inside, the home features 5 bedrooms and 2 full bathrooms--a layout that is particularly attractive for the rental market. The functional and comfortable floor plan encourages long-term tenant retention, securing your steady stream of revenue over the years. It is a highly sought-after product that checks all the boxes for current market demand.
An Exclusive Bonus: The Garage is Yours
An extra, significant perk rounds out this offer. The garage is vacant and left entirely at the buyer's disposal. This flexibility allows you to use it according to your specific needs, whether for personal storage, hands-on projects, or to generate additional rental income.
Whether you are a seasoned investor looking to add a top-performing asset to your portfolio or a first-time buyer seeking a highly dependable income property, this listing checks every box: guaranteed income, a large lot, a spacious layout, and a strategic location.
A turnkey opportunity, ready to deliver results from day one.
Inclusions: Furniture and appliances
Exclusions : Tenants' personal belongings and all items in the garage.
Building Features:
-
Association Amenities:
Balcony/terrace, Yard
-
Basement:
6 feet and more, Finished basement
-
Bathroom Features:
Separate shower
-
Common Walls:
Detached
-
Construction Materials:
Aluminum
-
Cooling:
Wall-mounted air conditioning, Wall-mounted heat pump
-
Fireplace Features:
Gas stove
-
Flooring:
Wood, Ceramic, Flexible floor coverings, Laminate floor
-
Foundation Details:
Poured concrete
-
Garage:
Yes
-
Heating:
Convection baseboards, Electric baseboard units, Electricity
-
Laundry Features:
Powder room, Basement 1
-
Lot Features:
No rear neighbours, Cul-de-sac, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Alpine skiing, High school, Flat
-
Other Equipment:
Other
-
Parking Features:
Asphalt, Detached, Detached, Double width or more
-
Roof:
Asphalt shingles
-
Size:
10.58 x 9.95 METRE
-
Utilities:
Water Connected, Electricity Connected, Sewer Connected
-
Water Source:
Municipality
-
Window Features:
PVC, Casement, French door
-
Sewer:
Municipality
