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9 RAVENSWOOD DRIVE, Georgina (Sutton & Jackson's Point) — listed at $699,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional investment opportunity! This fully tenanted detached bungalow features 4 tenants, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a property with strong cash flow potential, this is an opportunity you won't want to miss.Each unit offers functional living space, making the property attractive to long-term tenants and helping maintain consistent occupancy. With multiple income streams under one roof, this property presents a practical and efficient investment in today's competitive market.Conveniently located close to schools, shopping, public transit, parks, and other everyday amenities, this income-producing property combines a desirable location with excellent investment potential. A turnkey addition to any real estate portfolio with reliable tenants already in place. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,575.03, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Separate entrance, N/A, 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 (Sutton & Jackson's Point) before counting on it.
What's the parking situation?+
This property includes 6 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.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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