$649,000

About this listing

Welcome to 148 Main Avenue, a fantastic opportunity for investors and end-users alike. Situated on a generous 55' x 90' 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.

Property details

Days on market

3 days

Property taxes

$4,138/yr (2025)

Lot size

50 × 190 Feet

Style

Bungalow

Heating

Baseboard (Electric)

Basement

Separate Entrance, Finished

Construction

Aluminum Siding

Fireplace

Yes

Facing

North

Approximate age

51-99

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