




This multi-family in Springhill offers a 0.245 ac lot. Built in 2024. The property has lot dimensions of 0.2446. The home features vinyl plank flooring, heat pump, air conditioned, a full basement.
This beautifully finished duplex was completed in 2024 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely reconfigured and renovated to create two bright, one-bedroom apartments. Aside from the basement, four exterior walls, and roof structure, nearly everything in this building is new, including the metal roof, siding, electrical, plumbing, and heat pump units-the list goes on! Its a worry-free property, ideal for anyone looking to enter the rental market or expand their portfolio. Both units feature in-suite laundry, and heat and power are included in the rent. Designed with efficiency in mind, the property is exceptionally well-insulated for year-round comfort. The main level and second-floor units each rent for $1,050 per month, generating an estimated net operating income of approximately $17,822 annually (excluding a management fee, as the property is self-managed by the local owner). Can be bundled with MLS#202526302. This is a solid, low-maintenance investment in a desirable location-definitely worth a look. Book your showing today! (id:60351)
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Listed by Tony Mitchell, Royal LePage Cumberland Realty Ltd.
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Listing represented by Tony Mitchell, Royal LePage Cumberland Realty Ltd. · MLS# 202609020
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.