$ 999.900

5366 King Street, Beamsville

50 Photos

Bedroom - 5366 King Street, Beamsville, ON L0R1B3 Photo 2

Bedroom - 5366 King Street, Beamsville, ON L0R1B3 Photo 3

Kitchen - 5366 King Street, Beamsville, ON L0R1B3 Photo 4

Dining room - 5366 King Street, Beamsville, ON L0R1B3 Photo 5

Living room - 5366 King Street, Beamsville, ON L0R1B3 Photo 6

4pc Bathroom - 5366 King Street, Beamsville, ON L0R1B3 Photo 7

Bedrooms: 8
Bathrooms: 4
Living area: 3000 square feet

MLS®: h4189062
Type: Residential
Added: 31 days ago

Property Details

ATTENTION INVESTORS - DIVERSIFY YOUR INVESTMENT PORTFOLIO – OVER 5% CAP RATE – long term tenants and rarely offered purpose built 4-Plex in Beamsville on the Wine Route. Each unit ranges in size from 760 – 775 square feet and offers 2 bedrooms, full 3 or 4-piece bathroom, kitchen, dining area and family room with fireplace insert. Two lower units were renovated in the past 5 years top to bottom, other 2 upper units show well and have small walk out patios. Serene setting with ravine, beautiful storage shed, additional lean to for storage and older storage shed also on the property. Recently installed and approved septic tanks along with armour stone wall in front of 10 car parking. All 4 units are occupied and on month-to-month leases with the same tenants in place from 3-5 years. Additional income from coin operated washer and dryer. Each unit contains fridge and stove and are heated by baseboard heat but with secondary heating from gas fireplace insert. Great addition to any investment portfolio or for the savvy investor live in one unit and rent the other 3 units. Call to book an appointment today! (id:1945)

Best Mortgage Rates

Property Information

View: View, View (panoramic)
Sewer: Septic System
Heating: Baseboard heaters, Electric
Tax Year: 2023
Basement: Finished, Full
Year Built: 1964
Appliances: Refrigerator, Stove
Directions: RURAL
Living Area: 3000
Lot Features: Ravine, Conservation/green belt, Double width or more driveway, Paved driveway, Country residential, Laundry- Coin operated, In-Law Suite
Photos Count: 50
Water Source: Municipal water
Parking Total: 10
Bedrooms Total: 8
Structure Type: House
Common Interest: Freehold
Parking Features: No Garage
Tax Annual Amount: 5230
Exterior Features: Concrete, Brick
Building Area Total: 3000
Foundation Details: Block
Lot Size Dimensions: 113 x 125 x 240 x 271
Zoning Description: NEC
Construction Materials: Concrete block, Concrete Walls

Features

Other: Inclusions: 4 fridges, 4 stoves all in "as is" condition, Foundation: Concrete Block, Laundry Access: Coin Operated
Heating: Electric, Baseboard
Lot Features: Rural
Extra Features: Area Features: Clear View, Greenbelt/Conservation, Ravine, View from Escarpment
Interior Features: Fire Alarm System, In-Law Suite, Separate Hydro Meters, Fireplaces: Fireplace Insert, Stove Operational, Kitchens: 4, 2 above grade, 2 below grade, 1 3-Piece Bathroom, 3 4-Piece Bathrooms
Sewer/Water Systems: Sewers: Septic

Room Dimensions

Type	Level	Dimensions
3pc Bathroom	Second level	5' 0'' x 7' 8''
Bedroom	Second level	11' 1'' x 9' 1''
Bedroom	Second level	11' 1'' x 8' 11''
Kitchen	Second level	5' 10'' x 9' 10''
Dining room	Second level	11' 7'' x 8' 9''
Living room	Second level	11' 7'' x 18' 7''
4pc Bathroom	Second level	4' 11'' x 7' 9''
Bedroom	Second level	11' 1'' x 8' 10''
Bedroom	Second level	11' 1'' x 8' 9''
Kitchen	Second level	4' 11'' x 7' 9''
Dining room	Second level	11' 7'' x 8' 11''
Living room	Second level	11' 8'' x 18' 9''
4pc Bathroom	Sub-basement	5' 0'' x 7' 7''
Bedroom	Sub-basement	11' 5'' x 9' 9''
Bedroom	Sub-basement	11' 5'' x 9' 8''
Kitchen	Sub-basement	5' 4'' x 8' 9''
Dining room	Sub-basement	11' 1'' x 9' 8''
Living room	Sub-basement	11' 6'' x 18' 5''
4pc Bathroom	Sub-basement
Bedroom	Sub-basement	11' 5'' x 9' 9''
Bedroom	Sub-basement	11' 5'' x 9' 8''
Kitchen	Sub-basement	5' 4'' x 8' 9''
Dining room	Sub-basement	11' 1'' x 9' 8''
Living room	Sub-basement	11' 6'' x 18' 5''

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Nearby Places

Name	Type	Address	Distance
Beamsville, Ontario	It contains century-old brick buildings, an old-fa...		1.7 km
Beamsville District Secondary School	It is a very busy and active school, balancing the...		1.9 km
Beamsville District Secondary School	School	4317 Central Ave	2.0 km
Great Lakes Christian High School	School	4875 King St	2.3 km
Great Lakes Christian College (Beamsville)	Great Lakes Christian High School is a private hig...		2.3 km
CJCL	Programming on the station includes local sports t...		3.8 km
Grimsby, Ontario	The majority of residents reside in the area bound...		5.4 km
Grimsby railway station	The station was formerly served by additional Via ...		5.7 km
Beamer Memorial Conservation Area	It is noted for being the best location on the Nia...		6.3 km
Louth, St. Catharines	Most of the land is farm land....		6.8 km
Forty Creek	John Hall started making Forty Creek in 1992, begi...		7.9 km
Grimsby Air Park	Grimsby Air Park, (TC LID: CNZ8), is located near ...		8.6 km

Similar Houses Stat in Beamsville

We have found 6 Houses that closely match the specifications of the property located at 5366 King Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 845,000 and 1,399,700, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L0R1B3 postal code area of Beamsville Ontario Canada.

5366 King Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5366 King Street. The current price of the property is $999,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $799,920. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	35
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	75
University degree at bachelor level or above	50

Neighbourhood Marital Status Stat

Married	265
Widowed	25
Divorced	20
Separated	15
Never married	120
Living common law	30
Married or living common law	295
Not married and not living common law	185

Neighbourhood Construction Date

1961 to 1980	50
1981 to 1990	25
1991 to 2000	30
2001 to 2005	10
1960 or before	70

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Thorold	203	$1.054.537
Fonthill	54	$1.220.396
Welland	313	$1.002.616

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