Looking to expand your investment portfolio with a well-maintained, income-generating property in a desirable North End location? This ground-level side-by-side duplex offers two equally sized 1-bedroom units, both occupied by excellent long-term tenants. A welcoming front entrance opens into a shared foyer featuring two generous storage rooms, with a private entrance to each unit. Inside, both apartments offer a spacious kitchen with a combined dining area, a large living room with direct access to separate private backyard spaces, a generously sized bedroom complete with a large walk-in closet, a 3-piece bathroom, and the convenience of in-suite laundry.Situated on a large lot set back from the road, this property provides a spacious parking area with room for multiple vehicles while offering added privacy and minimal traffic noise. Located in a quiet, established North End neighbourhood close to Walmart, public transit, shopping, and everyday amenities, this is an excellent opportunity for investors seeking a well-maintained property with quality long-term tenants already in place.Tenants pay hydro and gas. Tenants pay $153.97 per unit every second month for Water/Sewer.Tenant Rents: 1211B pays $740/month and unit 1211A pays $660/month. 24 hour irrevocable all offers. 24 hour minimum notice required for all showings. (id:28469)
Facts & features
Property
MLS® Number
X13589638
Property Type
Multi-family
Community Name
717 - Cornwall
Parking Space Total
4
Building
Bathroom Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Amenities
Fireplace(s)
Appliances
Water Heater
Basement Type
None
Cooling Type
None
Exterior Finish
Concrete, Brick
Fireplace Present
Yes
Foundation Type
Slab
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft
Size Frontage
50 Ft
Size Irregular
50 X 100 Ft
Size Total Text
50 X 100 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$1,328/mo
Ontario land transfer tax
$2,974 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $2,974 back on land transfer tax.