Welcome to 33 Cline North. This gem located just steps from McMaster is an investor's dream. Close to Westdale Village, major highways, and all essential amenities. This solid brick home is fully leased to triple AAA tenants on a 12-month term, offering immediate rental income. Recent updates, including the roof, windows, waterline, furnace, electrical, and AC, all within the last 6-10 years, make this a true turnkey investment with minimal maintenance required. Situated in a high-demand location with excellent rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. With a large municipal lot (30 x 100 feet), parking for three vehicles, and proximity to top-rated schools, this opportunity won't last long! Don't miss out!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,648 |
| Lot Size | 30 ft x 100 ft |
| mls© Number | X13850598 |
| Listed By | REVEL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,838
- Property tax
- $637
- Heat allowance
- $150
- Housing costs
- $4,626 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $149,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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