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89 THICKSON ROAD S, Whitby (Blue Grass Meadows) — listed at $849,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
POSITIVE CASH FLOW PROPERTY, YES, YOU HEARD THAT RIGHT! Exceptional opportunity for homeowners and investors! This versatile Whitby detached bungalow on a rare 62-ft-wide lot generates $5,200/month in total rental income, including $2,800/month from the basement alone. First-time buyers can live upstairs and potentially enjoy almost mortgage-free living while benefiting from substantial rental income from the lower level. Great tenants already in place!The main level offers a spacious living room, kitchen, 4-piece bathroom and convenient powder room. The lower level provides excellent income potential and flexibility for extended family or additional living space. Step outside to a large deck and expansive backyard, perfect for entertaining, relaxing and family enjoyment.LOCATION, LOCATION, LOCATION! Enjoy public transit right at your doorstep, Whitby Mall and grocery stores within walking distance, and Highway 401 less than 1 minute away. Close to parks, schools, shopping, restaurants and everyday amenities.Whether you're an investor seeking strong rental income or a first-time buyer looking to reduce your housing costs, this property offers income, flexibility and an unbeatable location! While living Almost Mortgage Free. (id:60164)
Is 89 THICKSON ROAD S a good fit for a growing family?+
With 5 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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.
What's the parking situation?+
This property includes 7 spaces — Garage, Carport.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, 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 Whitby (Blue Grass Meadows) before counting on it.
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