43-45 Railway Street Lansdowne Village, Ontario K0E 1L0

4 Bedroom 4 Bathroom 1,500 - 2,000 sqft
Wall Unit Baseboard Heaters, Heat Pump

$479,000

Welcome to this purpose-built newly upgraded side by side duplex, located in the village of Lansdowne, just north of Highway 401. This is a great cashflowing opportunity for investors with $43,500 gross income a year. Each unit is currently rented and offers a two storey layout with a full basement and sits on a generous lot. Both units feature a main floor bathroom and a full 4 piece bathroom upstairs, providing comfort and convenience for tenants or owners. Unit 43 is turn key rented $1775 plus utilities with upgraded bathroom vanity and toilet. Unit 45 is also turn key rented $1850, freshly painted, new windows, new kitchen, 5 x appliances and floors, bathroom vanity and toilet. Each unit is equipped with a cold climate air source heat pump, providing efficient heating and cooling year round. The basements include laundry hookups, adding to the functionality of each unit. Outside, you will find back decks, fenced yard areas, and front parking for both units. The property also features separate heat, hydro, and water and sewer services, making it easy to manage and keep operating costs predictable. Whether you choose to live in one unit and rent the other, or rent both units for positive cash flow, this property offers strong investment potential with reliable rental income. Located just minutes from the Thousand Islands, International Bridge, and Charleston Lake, this area is attractive to professionals, families, or retirees looking to invest and potentially occupy in the future. This is a rare opportunity to own a solid income property in a stable area. (id:47351)

Property Details

MLS® Number X13628058
Property Type Multi-family
Community Name 03 - Lansdowne Village
Parking Space Total 4
Structure Deck

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Age 31 To 50 Years
Appliances Dryer, Stove, Two Washers, Refrigerator
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type Wall Unit
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Half Bath Total 2
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 136 Ft
Size Frontage 64 Ft
Size Irregular 64 X 136 Ft
Size Total Text 64 X 136 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.03 m x 4.2 m
Second Level Bedroom 3.3 m x 4.04 m
Second Level Bathroom 1.66 m x 2.67 m
Second Level Primary Bedroom 3.99 m x 4.21 m
Second Level Bedroom 3.3 m x 4.03 m
Second Level Bathroom 1.65 m x 2.67 m
Second Level Primary Bedroom 4 m x 4.21 m
Second Level Bedroom 3.31 m x 4.04 m
Second Level Bathroom 1.66 m x 2.69 m
Basement Other 4.79 m x 8.59 m
Basement Other 4.87 m x 5.83 m
Basement Other 4.9 m x 2.61 m
Basement Recreational, Games Room 4.89 m x 5.82 m
Basement Den 4.9 m x 2.61 m
Main Level Living Room 4.1 m x 4.01 m
Main Level Kitchen 3.12 m x 4.73 m
Main Level Kitchen 2.27 m x 3.56 m
Main Level Dining Room 2.83 m x 3.35 m
Main Level Bathroom 1.5 m x 1.27 m
Main Level Other 3.13 m x 3.65 m
Main Level Living Room 4.06 m x 4 m
Main Level Kitchen 3.17 m x 4.74 m
Main Level Dining Room 1.91 m x 3.33 m
Main Level Bathroom 1.51 m x 1.28 m
Main Level Dining Room 1.96 m x 3.32 m
Main Level Bathroom 1.5 m x 1.3 m
Main Level Living Room 5.1 m x 4.01 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30103726/43-45-railway-street-lansdowne-village-03-lansdowne-village