Average square foot calculated using Size range provided by listing agent.
Description
Fantastic investment opportunity with this recently updated legal duplex, ideally located in a convenient downtown neighbourhood close to transit, shopping, and amenities. This fully separate unit property features separate hydro and gas meters, allowing tenants to pay their own utilities and simplifying management for the owner. The front unit is currently vacant, giving you the opportunity to set your own rent. This spacious unit offers two bedrooms, a large living room, its own laundry area, an updated bathroom, and efficient heating with a gas Rinnai space heater as well as electric baseboard. Previously rented for $1, 600/month plus utilities, it's move-in ready for a new tenant or ideal for owner occupancy. The back unit is a cozy studio, currently rented for $1, 100/month plus utilities with its own separate electric heat. Both units are in great condition, making this a turnkey property with solid income potential. Additional features include fresh paint throughout, and a brand new ESA certificate for the entire property, proper fire separation and soundproofing between units, the property boasts legal independent parking for four vehicles, plus extra parking along the side of the home as well as smoke alarms in every bedroom and common area and a low-maintenance setup. The owner currently pays for water, averaging approximately $840 per year. Whether you're looking to live in one unit and rent the other, or add a cash-flowing property to your portfolio, this downtown duplex is a smart choice. Don’t miss out—book your private viewing today! (id:58753)Show Description
MLS® NumberSM251525
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementNone
DrivewayGravel
Garage Spaces
HeatSpace Heater
A/C
Heating Fuel
Extras
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