2427 North Shore Road, Algonquin Highlands, Ontario K0M 1S0

Listed for:
$515,000
5 beds
2 baths
Listed 9 days ago
House for rent: 2427 North Shore Road, Algonquin Highlands, Ontario K0M 1S0

View all 45 photos

About

Cross Streets: STANHOPE RD & NORTH SHORE RD. ** Directions: TAKE HWY 118 TO STANHOPE RD, TURN LEFT ON FIRST STREET ( NORTH SHORE). SIGN ON PROPERTY. TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:27476)

Property Highlights

MLS® Number
X13474832
Type
Single Family
Community Name
Stanhope
Ownership Type
Freehold
Land Size
225 x 343 FT|1/2 - 1.99 acres
Parking Space Total
4

Building

Building Type
House
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Beach, Golf Nearby
Exterior Finish
Concrete, Vinyl siding
Fireplace Present
No
Basement Type
N/A, N/A (Finished), N/A
Basement Features
Apartment in basement, Walk out, Separate entrance
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Electric, Propane
Building Cooling Type
None

Utilities

Water
Drilled Well
Utility Sewer
Septic System

Room Layout

Dining room
Lower level
2.93 m x 3.73 m
Kitchen
Lower level
2.48 m x 5.96 m
Living room
Lower level
3.65 m x 3.2 m
Primary Bedroom
Lower level
3.58 m x 3.95 m
Bedroom 2
Lower level
3.58 m x 2.81 m
Bathroom
Lower level
2.83 m x 2.46 m
Other
Lower level
3.47 m x 1.24 m
Laundry room
Main level
2.22 m x 2.25 m
Primary Bedroom
Main level
4.89 m x 3.14 m
Bedroom 2
Main level
3.89 m x 3.12 m
Bedroom 3
Main level
2.72 m x 3.12 m
Bathroom
Main level
2.27 m x 2.14 m
Kitchen
Main level
3.78 m x 3.51 m
Dining room
Main level
3.36 m x 3.28 m
Living room
Main level
6.23 m x 3.14 m

Location

Learn more about this property
Listing provided by:
Century 21 Granite Realty Group Inc.
MLS® number:
X13474832
Agent:
Christine Sharp
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

Street Spotlight - For sale