Cross Streets: Roenigk Dr / King St W. ** Directions: Roenigk Dr or Bowmanville Ave to Waverley. Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units. This well-maintained, income-producing property includes 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing an ideal unit mix to attract strong, consistent rental demand. Thoughtfully updated throughout with modern finishes, each unit offers turnkey living spaces designed to appeal to quality tenants while minimizing future maintenance. Bright, functional layouts, spacious principal rooms, and well-designed floor plans enhance the overall appeal. A standout feature is the oversized double detached garage, offering excellent potential for additional storage, tenant parking, or future income opportunities. Ample parking is available at both the front and rear of the property, providing added convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, simplifying property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200 per month in rental income, this exceptional investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation. Whether you're expanding your portfolio or acquiring a high-performing multi-residential asset, this rare offering delivers an outstanding combination of income, efficiency, flexibility, and long-term investment potential. (id:27476)
