Barrie L4M 2Y7
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2

Financials

Price:C720,000
($514,500)
(€448,300)
Annual Taxes:C4,367
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Welcome to 11 Daphne Crescent, a thoroughly renovated LEGAL DUPLEX bungalow and exceptional income property with pride of ownership throughout.

Description

Welcome to 11 Daphne Crescent, a thoroughly renovated LEGAL DUPLEX bungalow and exceptional income property with pride of ownership throughout. Ideal for an investor seeking rental income or a homeowner offsetting their mortgage with a second suite. It offers investment security and versatility: $50,400/year ($4,200/month) in gross rent, plus over $100,000 in upgrades in the last 7 years, already done for you.Meticulous updates include a complete roof replacement (sheathing, insulation, shingles, soffits, fascia, and gutters), high-end Kempenfelt Windows, furnace and A/C, 100-amp electrical panel, water softener, washer/dryer, and reverse osmosis drinking water filtration.Both units feature updated kitchens with white cabinetry, new countertops, Moen faucets, and stainless (wifi enabled) appliances. Upstairs has a hexagon backsplash, brass hardware, and a dishwasher; downstairs has a herringbone backsplash. Both bathrooms are equally new, with the upstairs vanity built from marine-grade plywood cabinetry for long-term durability. Wide-plank flooring with added sound barrier runs throughout both units.Coin laundry adds roughly $1,200/year. Each unit has its own indoor storage area and dedicated outdoor storage shed, in a fenced backyard with a new deck and garbage enclosure. Walking distance to parks and schools, minutes from Bayfield Street shopping, Royal Victoria Hospital, and Georgian College, with easy Highway 400 access.Both tenants have given notice, giving the new owner the chance to move in or choose tenants and set new rental rates. This is an ideal turnkey investment property.

Amenities

  • Carpet Free
  • Deck
  • Storage
  • Water Softener

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.