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148 BAYVIEW AVENUE, Georgina (Keswick South) — listed at $649,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 148 Bayview Avenue, a fantastic opportunity for investors and end-users alike. Situated on a generous 55' x 190' lot, this property offers immediate rental income with excellent long-term potential. Beyond the home itself, the location offers the perfect balance of convenience and lifestyle. Enjoy easy access to the waterfront, making the property an excellent option as a year-round residence, weekend retreat, or cottage alternative. Everyday amenities, including shopping, grocery stores, restaurants, schools, parks, and other essential services, are all within close proximity, allowing you to enjoy both nature and urban conveniences. The home is currently leased to two separate tenants, generating $3,600 per month in rental income, providing valuable cash flow to help offset carrying costs. The basement tenant has expressed a strong interest in remaining, offering continuity for the new owner. The current owner has recently completed professional basement waterproofing, providing added value and peace of mind. Whether you're looking to expand your investment portfolio, secure a property with income in place, or acquire a home on a desirable lot with future possibilities, 148 Main Avenue presents an exceptional opportunity in a well-established neighbourhood. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 7 x 5 meters |
| Kitchen | Main level | 5 x 5 meters |
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Georgina (Keswick South) before counting on it.
What's the parking situation?+
This property includes 4 spaces — No Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is 148 BAYVIEW AVENUE a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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