Rana Rehan - Real Estate

Active For Sale Detached

About This Property

Detached, All Brick, 6 Bedroom + 2 Bedroom** Legal Basement Apt With Sep Entrance^^steps To All Schools ( Ukg To 12 Grades), Garage convert into a Apartment Upgraded Roof And Furnace **Just Move In Condition** Well Maintained Family Home **Near Bus Stop, Plaza, David Suzuki School Etc**Property Features & Rental Income Information. A legal basement apartment, a rooftop solar panel system, and multiple income-generating living spaces. The property offers five bedrooms, each currently rented at $610 per month, and one additional bedroom rented at $850 per month. The separate garage apartment generates rental income of $1,250 per month. The legal basement apartment was previously rented for $1,500 per month; however, it is currently occupied by the owner's son and is not generating rental income. Solar System: The rooftop solar system has an original 20-year term, with approximately 10 years remaining. Buyers are encouraged to verify the solar agreement and any associated obligations. Rental Income Details: Five bedrooms: $610/month each ($3,050 total)One additional bedroom: $850/month Garage apartment: $1,250/month Basement apartment: Previously rented for $1,500/month; currently occupied by the owner's son. Total Current Monthly Rental Income: $5,150, excluding the basement apartment. The property offers attractive rental income potential with multiple accommodations and a rooftop solar system.