Unlock the ultimate investment and income opportunity with this exceptional property that promises both potential and prosperity! Whether you're an astute investor seeking a lucrative asset or a savvy homeowner looking to offset mortgage costs, this legal duplex with an additional legal non-conforming separate unit at the rear is an ideal choice. The main unit, thoughtfully owner-occupied, showcases 2 bedrooms, a modern kitchen with updated cupboards, stylish backsplash, stainless steel appliances, newer living room flooring, and a bathroom featuring a luxurious walk-in bathtub for added comfort. Discover the basement's hidden gems—bonus rooms, storage spaces, and a three-piece bathroom with a private entrance, currently utilized by the owner as part of their living quarters. The upper 1-bedroom unit offers a spacious living room and kitchen, complemented by a private deck perfect for hosting BBQs and gatherings. Nestled discreetly at the back, the separate self-contained one-bedroom unit boasts a patio door leading to a private backyard oasis, ideal for outdoor entertaining. Each unit, beyond water costs, independently covers its heat and hydro expenses. The property comes complete with essential appliances—fridge, stove, washer, and dryer—all included in an as-is, where-is condition. Benefit from recent upgrades including a newer furnace, AC, windows, and doors, along with both buildings boasting a durable steel 55-year warranty roof for peace of mind. Located just a stone's throw away from major highways 403 to Brantford and 401 to London, this property offers a serene retreat with unbeatable accessibility. With a plethora of features too numerous to list, booking a showing is the key to unlocking the full potential of this remarkable investment. Don't miss this golden opportunity to secure your financial future and live the dream of mortgage-free living or lucrative rental income—it's a decision you won't regret! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3+1
Bathrooms
4
Lot
44 x 0 ft
Amenities Nearby
Hospital, Public Transit, Schools, Shopping
Community Features
Quiet Area
Equipment
Water Heater
Features
Paved driveway
Listing Contract Date
2024-04-25
Location Description
From Hwy 401 - North on HWY#59/Norwich Ave. East on Henry St. on South side. (or) From Dundas St. - South on HWY #59/Norwich Ave, East on Henry St on South side.
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
R2
Building
Appliances
Water softener
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1944
Construction Material
Wood frame
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding, Wood
Fire Protection
Alarm system
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Public Transit, Schools, Shopping
Fence Type
Fence
Sewer
Municipal sewage system
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.