SET YOUR OWN RENTS - STRONG CASH FLOW OPPORTUNITY! Look no further than this income-generating duplex, perfectly positioned on a spacious 42.45 ft x 89.83 ft lot bursting with development potential - a rare find for savvy investors looking to build long-term equity and cash flow in one package. The main level unit boasts a generous 4-bedroom layout with a full bathroom and in-unit laundry, offering ample space for a family or roommate setup, while the fully finished basement adds a 5th bedroom and a second full bathroom maximizing rental potential and flexibility. Upstairs, the second level unit features 2 bright bedrooms, 1 full bathroom, a well-appointed kitchen, and the added convenience of in-unit laundry. Both units are separately metered for hydro, giving owners flexibility and reduced utility overhead. The entire property has been freshly painted throughout and features a brand-new 2025 A/C unit, meaning less upkeep and more peace of mind from day one. A newer shed is also included with the purchase, offering great additional storage space. With 7 bedrooms and 3 bathrooms total, this property is built for hassle-free, high-demand rental income. Situated in a thriving, rapidly developing neighborhood, it's just minutes from major university, the downtown core, public transit, restaurants, and everyday shopping and amenities - everything tenants look for in a rental. Lots of this size, configuration, and development upside are increasingly hard to find in this market. Whether you're expanding your portfolio or purchasing your first income property, this is a rare opportunity you don't want to miss. Book your private showing today - opportunities like this don't last long! (id:28469)
Facts & features
Property
MLS® Number
X13827010
Property Type
Multi-family
Community Name
3404 - Vanier
Equipment Type
Water Heater, Furnace
Features
In-law Suite
Parking Space Total
7
Rental Equipment Type
Water Heater, Furnace
Building
Bathroom Total
3
Bedrooms Above Ground
7
Bedrooms Total
7
Amenities
Separate Electricity Meters
Appliances
Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development
Finished
Basement Type
Full (finished)
Cooling Type
Central Air Conditioning
Exterior Finish
Vinyl Siding
Fireplace Present
Yes
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
89 Ft ,9 In
Size Frontage
42 Ft ,6 In
Size Irregular
42.5 X 89.8 Ft
Size Total Text
42.5 X 89.8 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
$2,479/mo
Ontario land transfer tax
$7,673 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.