5 Bedroom
2 Bathroom
1,100 - 1,500 sqft
None
Baseboard Heaters, Forced Air
$515,000
TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:47351)
Property Details
|
MLS® Number
|
X13474832 |
|
Property Type
|
Single Family |
|
Community Name
|
Stanhope |
|
Amenities Near By
|
Beach, Golf Nearby |
|
Community Features
|
School Bus, Community Centre |
|
Equipment Type
|
Propane Tank |
|
Features
|
Sloping, In-law Suite |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Propane Tank |
|
Structure
|
Deck, Patio(s), Shed |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement, Walk Out, Separate Entrance |
|
Basement Type
|
N/a, N/a (finished), N/a |
|
Construction Status
|
Insulation Upgraded |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Concrete, Vinyl Siding |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric, Propane |
|
Heating Type
|
Baseboard Heaters, Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Sqft |
|
Type
|
House |
|
Utility Water
|
Drilled Well |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Beach, Golf Nearby |
|
Sewer
|
Septic System |
|
Size Depth
|
343 Ft |
|
Size Frontage
|
225 Ft |
|
Size Irregular
|
225 X 343 Ft |
|
Size Total Text
|
225 X 343 Ft|1/2 - 1.99 Acres |
|
Soil Type
|
Mixed Soil |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Dining Room |
2.93 m |
3.73 m |
2.93 m x 3.73 m |
|
Lower Level |
Kitchen |
2.48 m |
5.96 m |
2.48 m x 5.96 m |
|
Lower Level |
Living Room |
3.65 m |
3.2 m |
3.65 m x 3.2 m |
|
Lower Level |
Primary Bedroom |
3.58 m |
3.95 m |
3.58 m x 3.95 m |
|
Lower Level |
Bedroom 2 |
3.58 m |
2.81 m |
3.58 m x 2.81 m |
|
Lower Level |
Bathroom |
2.83 m |
2.46 m |
2.83 m x 2.46 m |
|
Lower Level |
Other |
3.47 m |
1.24 m |
3.47 m x 1.24 m |
|
Main Level |
Laundry Room |
2.22 m |
2.25 m |
2.22 m x 2.25 m |
|
Main Level |
Primary Bedroom |
4.89 m |
3.14 m |
4.89 m x 3.14 m |
|
Main Level |
Bedroom 2 |
3.89 m |
3.12 m |
3.89 m x 3.12 m |
|
Main Level |
Bedroom 3 |
2.72 m |
3.12 m |
2.72 m x 3.12 m |
|
Main Level |
Bathroom |
2.27 m |
2.14 m |
2.27 m x 2.14 m |
|
Main Level |
Kitchen |
3.78 m |
3.51 m |
3.78 m x 3.51 m |
|
Main Level |
Dining Room |
3.36 m |
3.28 m |
3.36 m x 3.28 m |
|
Main Level |
Living Room |
6.23 m |
3.14 m |
6.23 m x 3.14 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Wireless
|
Available |
|
Telephone
|
Nearby |
https://www.realtor.ca/real-estate/29936939/2427-north-shore-road-algonquin-highlands-stanhope-stanhope
