




This multi-family in Springhill offers a 0.107 ac lot. Built in 2023. The property has lot dimensions of 0.1067. The home features vinyl plank flooring, heat pump, air conditioned, a crawl space basement.
This well-designed duplex was completed in 2023 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely renovated to create two bright and functional one-bedroom apartments. The list of updates is extensive, including a metal roof, new siding, windows, electrical, plumbing, and heat pump units-the list goes on! This is a worry-free property, perfect for anyone looking to enter the rental market or add a solid asset to their investment portfolio. Both units feature in-suite laundry, and heat and electricity are included in the rent. With efficiency as a key focus during the renovation, the home is extremely well insulated from top to bottom. The main-level unit currently rents for $1,050 per month, while the second-floor unit rents for $1,000 per month, generating a net operating income of approximately $17,464 annually (excluding management fees, as the property is locally managed by the owner). This property can also be sold in conjunction with MLS#202526296 as a package deal. A solid, low-maintenance investment-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# 202526302
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.