$ 699,000
-
$699,000
Price -
4
Bed -
4
Bath -
1,500
SqFt
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About the Listing 507800 -
Turnkey TWO living units | INCOME + LIFESTYLE OPPORTUNITY over 5% Cap Rate! An exceptional opportunity to own a fully renovated semi-detached duplex offering immediate cash flow and long-term stability. Currently tenanted on a month-to-month basis, this property provides flexibility for both investors and end-users. The existing tenants are happy in the home and open to signing long-term leases, ensuring reliable, consistent income. Perfect for a savvy buyer, you also have the option to live in the upper unit and rent out the lower level, significantly offsetting your mortgage-or utilize the lower suite as a nanny or in-law space.The upper unit features 3 spacious bedrooms and 3 bathrooms, including a private ensuite, while the lower unit offers a bright and functional 1-bedroom suite with its own ensuite and separate entrance. Both units have been beautifully updated with brand new kitchens, quartz countertops, new appliances, and modern, high-quality finishes throughout.Enjoy hardwood flooring in the main unit, vinyl laminate in the lower level, and porcelain tile accents that add a clean, contemporary touch.Major upgrades include legal egress windows (2021), electrical panel (2021), central A/C (2021), roof (2012), and an in-line hot water tank. With over $200,000 invested in renovations (2021), this property is truly move-in ready. A rare opportunity to secure a versatile, income-producing property with strong upside-don't miss it. 24 hours' notice required for all showings.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Residential
MLS ®
X12910842
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: In-Law Suite,2 Kitchens
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others: Privacy
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $3,800
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
178 McClellan Rd South of Baseline to Knoxdale, ON K2H 5W1
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