4 Bedrooms

4 Bathrooms

1,500 - 2,000 sqft Interior

4 Parking spaces

64 X 136 Ft, Under 1/2 Acre Lot size

13 days ago Listed

Virtual tour Wall Unit Baseboard Heaters, Heat Pump Finished basement

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About this home

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:28469)

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Facts & features

Property

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

Utilities

Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $2,121/mo
Ontario land transfer tax: $6,055 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Lansdowne Village market

11 Active listings

$479,000 Median asking price

At the area median This home

40 days Avg. time on market

Browse all Lansdowne Village listings →

Rooms

Second Level

Primary Bedroom 4.03 m x 4.2 m
Bedroom 3.3 m x 4.04 m
Bathroom 1.66 m x 2.67 m
Primary Bedroom 3.99 m x 4.21 m
Bedroom 3.3 m x 4.03 m
Bathroom 1.65 m x 2.67 m
Primary Bedroom 4 m x 4.21 m
Bedroom 3.31 m x 4.04 m
Bathroom 1.66 m x 2.69 m

Basement

Other 4.79 m x 8.59 m
Other 4.87 m x 5.83 m
Other 4.9 m x 2.61 m
Recreational, Games Room 4.89 m x 5.82 m
Den 4.9 m x 2.61 m

Main Level

Living Room 4.1 m x 4.01 m
Kitchen 3.12 m x 4.73 m
Kitchen 2.27 m x 3.56 m
Dining Room 2.83 m x 3.35 m
Bathroom 1.5 m x 1.27 m
Other 3.13 m x 3.65 m
Living Room 4.06 m x 4 m
Kitchen 3.17 m x 4.74 m
Dining Room 1.91 m x 3.33 m
Bathroom 1.51 m x 1.28 m
Dining Room 1.96 m x 3.32 m
Bathroom 1.5 m x 1.3 m
Living Room 5.1 m x 4.01 m

Location

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

43-45 Railway Street