6 Bedroom
2 Bathroom
2180 sqft
Ductless
Heat Pump
$599,900
Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Don’t miss out on this turnkey investment opportunity—schedule your viewing today! (id:51992)
Property Details
MLS® Number
|
40711971 |
Property Type
|
Multi-family |
Amenities Near By
|
Park, Schools, Shopping |
Equipment Type
|
Water Heater |
Parking Space Total
|
2 |
Rental Equipment Type
|
Water Heater |
Structure
|
Shed |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
6 |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Cooling Type
|
Ductless |
Exterior Finish
|
Brick Veneer, Vinyl Siding |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Electric |
Heating Type
|
Heat Pump |
Stories Total
|
1 |
Size Interior
|
2180 Sqft |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Park, Schools, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
198 Ft |
Size Frontage
|
50 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R2 |