188 OLDE BAYVIEW AVENUE N
Unique 4 bedroom 2 washroom Lakeside house with profitable rental income! If you are looking for profitable investment property or STARTER home, this is the RIGHT one for you! around 7.2% cap rate for short stay income or live+$2k per month income to cover your mortgage!! You've Searched the Heart-Stopping One of a kind Morden Home Lake side Cottage Bungalow House, 3 structures on the land, bringing the property owner with GREAT CASH INCOME POTENTIAL, Great Airbnb Site, or your City Retreat Site, Nature Lover's Paradise. Turn-Key to generate income for you. Total 2+2 bedrooms, 2 washrooms, 2 separate professionally landscaped yards, available to accommodates 2 families at the same time or up to 10 people per night on the whole property. Projected airbnb income around $100K+ Annually for Whole Property. Two bunkies comes with 2 Bed rooms + 1 living space + private access/backyard/3 Pcs bathroom which is available accommodates up to 4 people ; Front house + 2 Bedrooms + private large front yard/3 pcs bathroom/Full kitchen which is available accommodates up to 6 people. 3 Cars Driveway Parking Lot, 1 wilcox lakeside residential parking permit allow parking on front street / Wilcox lake parks for free which only available for limited local properties around the lake. 1 additional street free parking permit available. Large Front yard potential turning to 5 car parking. Recent renovated the Second washroom with separate entrance available for the bunkies users. Top school in the Neighbourhood, Step to the Sunset Beach, Oak Ridges Community Centre & Pool, Lake Wilcox Park. Easy access to Highway 404 Gormley/Bloomington Go Station. Front house Reno List attached. Fully upgraded in past 3 years, Skylights in Living Room with Cathedral Ceiling brings full of sunlight make its unique feature. Pot Lights and Smart Light Switches Through Out; Professional Landscaped backyard; All unique features above has Made This Home One of the Best in the Neighbourhood!!! (id:50762)
- Property Type
- Single Family
- Building Type
- Other
- Ownership
- -
- Community
- Oak Ridges Lake Wilcox
- Storeys
- 1
- Construction Year
- -
- Parking Type
- No Garage
- MLS ID
- N12129452
- Listing Date
- 07/05/2025
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arthur zhao
Arthur Zhao is a highly experienced and successful full-time realtor with 9 years of experience in the industry, starting his career as a full-time realtor in January 2014. He began his career at Royal Lepage Your Community Realty, where he worked for 3 years before transferring to Bay Street Group Inc, his current brokerage. At the time of joining Bay Street Group Inc, there were only 10 people in the brokerage, including admin. Arthur was already a top agent before transferring to Bay Street Group Inc. He specializes in resale residential properties and has a strong track record of success. He has closed over 185 deals by himself and almost doubled that number with his team. Additionally, he manages over 30 investment properties. Arthur is always eager to learn and find ways to improve his performance in real estate transactions. He completes an average of 15-20 resale deals and 5-10 rental deals per year. Arthur is well-versed in every step of the real estate transaction process and understands the risks involved. He can handle different situations well and has a reputation in the industry as a knowledgeable broker. He has purchased and listed properties for sale throughout the Greater Toronto Area and understands most of the communities. Arthur's style is mainly focused on prioritizing the client's interests and providing his opinion based on his vast experience in the industry. Arthur has also helped other agents in his brokerage to handle lots of difficult situations. Arthur is currently the Vice President of Professional Development and Branch Manager at Bay Street Group Inc, which has grown significantly since he joined. The brokerage now has over 1200 agents and is ranked as one of the top 10 brokerages in Canada. Arthur focuses on training agents and compliance issues, ensuring that his team has the knowledge and expertise to provide exceptional service to their clients. Arthur is a Fellow of the Real Estate Institute, which is one of the most prestigious designations in Canada and requires integrity, knowledge, and experience. He has also achieved several other designations, including Seller Representation Specialist (SRS), Accredited Buyer Representative (ABR), Master Certified Negotiation Expert (MCEN), E-PRO, and the highest level of Certified Luxury Home Marketing Specialist (GUILD Elite). Arthur has extensive knowledge of the buying and mortgage processes and has worked as a mortgage broker for 2 years. He is well-versed in the paperwork and negotiation process and can provide his clients with valuable insights and guidance. He is known for his honesty and dedication to providing exceptional service to every client.