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:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
1102 - Bilberry Creek/Queenswood Heights
Title
Freehold
Land Size
60 x 90 FT ; 0
Parking Type
No Garage,Tandem
Building
Bedrooms
Above Grade
3
Below Grade
3
Bathrooms
Total
6
Interior Features
Appliances Included
Water Heater - Tankless, Water Heater, Water meter, Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Basement Features
Separate entrance, Apartment in basement
Basement Type
Full, N/A (Finished), N/A, N/A
Building Features
Features
Flat site, Carpet Free, In-Law Suite
Foundation Type
Concrete
Style
Detached
Architecture Style
Bungalow
Square Footage
700 - 1100 sqft
Fire Protection
Smoke Detectors
Building Amenities
Separate Electricity Meters, Separate Heating Controls
