Joy Lusher Real Estate Ltd.
Nestled on 1.3 acres of mature and private grounds with a combined zoning of Res. 2 and Woodland Reserve, "Spring Bank" is a lovely traditional family home and ideal investment property. Completely renovated in the early 1990's, it is in very nice condition!
Comprising in the main house: Entrance foyer, living room with fireplace, dining room, lovely kitchen with open plan family room with fireplace, 4 bedrooms, 2 bathrooms, laundry and powder room.
There is a nicely appointed large studio apartment with private entrance and separate assessment number, as well as an enclosed swimming pool and detached garage. The deep covered porch off the living room and expansive terrace above the swimming pool make this an ideal home for outdoor entertaining. There is a large fresh water tank of between 15,000 and 20,000 gallons and a well which services the toilets.
Currently rented to great tenants and achieving an excellent income, the lease is effective until November 30, 2019 with a tenant's option to renew for a further 2 years making "Spring Bank" an ideal property for a savvy investor!
Assessment numbers: 100788017: ARV 63,600: Land Tax: $2,871.60 per annum
Apt: 100788114: ARV: 14,400: Land Tax: $106.80
Please call the Co-Sole Agent today for an appointment to view.
Annual Rental Value
Res 2 and Woodland
Total Sq. Ft.
Lot Size (Acres)
Tank Size (Gallons)