Situated on Skyline Road off Knapton Hill is "Capistrano" and it's adjacent lot all set on 1.618-acres of beautifully manicured grounds. An elegant private driveway leads to the stately main house which is in excellent condition. The building has been seamlessly sectioned into 4 separate apartments with the main residence encompassing 2-bedrooms, 2-bathrooms, sun room, formal dining room, living room, a spacious and recently renovated chef’s kitchen with breakfast/family room and formal entrance hall. The apartments can be easily reincorporated to create one large elegant home or converted into a retirement home subject to planning permission for change of use. There are also 4 studio apartments on the property, with the entirety of the various rental units exceeding a monthly income of $10,000. Originally built in 1938, the home has been remarkably maintained and has had plumbing and wiring updated in recent years. There is also an expansive pool and deck area as well as plenty of storage space. A subdivided 0.6-acre lot is also included in the listing price which could be sold if so desired. With lovely South Shore water views, cedar accents and so much more, "Capistrano" must be seen to be appreciated.
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 5.25%, 30% deposit over a 25 year period.