6 Bedroom
4 Bathroom
2,500 - 3,000 sqft
Central Air Conditioning
Forced Air
Waterfront On Creek
$749,900
Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.1% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available (id:65396)
Property Details
|
MLS® Number |
X13001686 |
|
Property Type |
Multi-family |
|
Community Name |
8009 - North Gower |
|
Easement |
Unknown, None |
|
Parking Space Total |
10 |
|
View Type |
Direct Water View |
|
Water Front Name |
Stevens Creek |
|
Water Front Type |
Waterfront On Creek |
Building
|
Bathroom Total |
4 |
|
Bedrooms Above Ground |
6 |
|
Bedrooms Total |
6 |
|
Amenities |
Separate Heating Controls, Separate Electricity Meters |
|
Appliances |
Dryer, Stove, Washer, Refrigerator |
|
Basement Development |
Unfinished |
|
Basement Type |
N/a (unfinished) |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Brick |
|
Foundation Type |
Stone, Poured Concrete |
|
Half Bath Total |
1 |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
2,500 - 3,000 Sqft |
|
Type |
Duplex |
Parking
Land
|
Access Type |
Public Road |
|
Acreage |
No |
|
Sewer |
Septic System |
|
Size Depth |
75 Ft ,10 In |
|
Size Frontage |
176 Ft ,7 In |
|
Size Irregular |
176.6 X 75.9 Ft |
|
Size Total Text |
176.6 X 75.9 Ft |