Property Information:
Looking for a bungalow with a LEGAL secondary unit? Live in one unit and help pay your mortgage with the other, or rent out both and enjoy the monthly cash flow! The upper unit offers 3 bedrooms, quartz countertops, SS appliances, in-unit stacked laundry and NO carpet to be found. The lower unit also offers quartz counters, in-unit stacked laundry and NO carpet. There's also an ensuite bath and walk-in closet for one of the 3 bedrooms, and a second full bath as well. SDU conversion completed in 2021 with 2 hydro meters, plumbing/electrical and HVAC updates. Sitting on a large 60 x 90 lot, the location is fantastic surrounded by schools and parks, and situated conveniently close to Place d'Orleans, transit/future LRT stop, highway access and all the amenities of Tenth line and Innes. Previous rents were $2600 and $2450/month with an annual NOI of $49,800 and 5.96% CAP rate. Both units are currently vacant so you can easily move in to either unit or set your own rents. A fantastic opportunity for whatever your plans are!! (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Air Conditioning:
Yes
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Amenities:
Separate Hydro Meters, Separate Heating Controls
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Architectural Style:
Bungalow
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Basement Development:
Finished
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Basement Type:
Full, N/A, N/A, N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Fire Protection:
Smoke Detectors
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Floor Space:
700 - 1100 sqft
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Foundation Type:
Concrete
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Cooling Type:
Window air conditioner
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Appliances:
Water meter, Dishwasher, Dryer, Hood Fan, Two stoves