For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $580,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,004 sqft
Price per Sqft $289
MLS Listing ID 40438326
Style 1.5 Storey
Bedrooms 4
Full Baths 2
Year Built 1895
Annual Tax Amount $3,789
Property Description
Excellent income potential with this picture-perfect DUPLEX property in the heart of Tiverton! This ideal investment property contains two fully renovated (and completely above grade) residential units, each with their own outdoor space and ample parking. Both units are rented out for the ultimate investment opportunity (currently bringing in $4,500/month in gross rent), but this property could also be used as a primary residence (with mortgage helper) or even a multi-generational dwelling, with the in-law suite. Want to make this your family home with a self-contained nanny suite? That could work too! Both units are self-contained, with only shared laundry. Configuration of the units is a 3-bedroom (1 bed on the main and 2 upstairs), and a 1-bedroom accessary apartment. Upgrades in the past year include brand new natural gas furnace and A/C. Other recent upgrades (2018) include new flooring throughout, two new kitchens with granite countertops and stainless steel appliances, upgraded bathrooms, electrical, plumbing, windows, decks, new fire doors, etc. A complete list of improvements and income/expense statement is available, just ask! A large shed/garage at the back of the property is an excellent storage solution. Located in a quiet neighbourhood with close proximity to the Tiverton core area and Bruce Power, and only 10 minutes from Kincardine. Lots of 'extras' in the multi-media link, including floor plan, video tour, virtual tour and additional photos! All measurements are approximate.
Location
Province ON
County Bruce
Area Kincardine
Zoning R1 - duplex
Rooms
Other Rooms Shed(s)
Kitchen 2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Laundry Main Level, Shared
Exterior
Exterior Feature Private Entrance, Storage Buildings, Year Round Living
Garage Detached Garage
Garage Spaces 1.0
Pool None
Utilities Available Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Urban, Corner Lot, Library, Major Highway, Open Spaces, Quiet Area, Rec./Community Centre
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal-Metered
Structure Type Vinyl Siding
New Construction No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP