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$429,000
Est. payment /mo
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26018281
Bedrooms 6
Property Sub-Type Freehold
Property Description
Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately ¼-acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike. The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity—live in one unit while the rental income from the other helps offset your mortgage and monthly expenses. Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth. (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Second level 6 ft , 3 in X 5 ft , 9 in 4pc Bathroom
Extra Room 2 Second level 14 ft , 8 in X 8 ft , 5 in Bedroom
Extra Room 3 Second level 11 ft , 7 in X 9 ft , 8 in Bedroom
Extra Room 4 Second level 10 ft , 8 in X 7 ft , 10 in Bedroom
Extra Room 5 Basement 13 ft , 5 in X 9 ft , 9 in Bedroom
Extra Room 6 Basement 8 ft X 7 ft , 6 in Utility room
Interior
Heating Forced air, Furnace,
Flooring Cushion/Lino/Vinyl
Exterior
Parking Features No
Fence Fence
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Landscaped
Story 2
Others
Ownership Freehold
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Listed by MATCH REALTY INC.
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