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:37684)
Property Details
MLS® Number
X12595998
Property Type
Single Family
Community Name
1102 - Bilberry Creek/Queenswood Heights
Amenities Near By
Public Transit, Schools
Features
Flat Site, Carpet Free, In-law Suite
Parking Space Total
5
Structure
Deck
Building
Bathroom Total
3
Bedrooms Above Ground
3
Bedrooms Below Ground
3
Bedrooms Total
6
Age
51 To 99 Years
Amenities
Separate Electricity Meters, Separate Heating Controls
Appliances
Water Heater - Tankless, Water Heater, Water Meter, Dishwasher, Dryer, Hood Fan, Two Stoves, Two Washers, Two Refrigerators