Rare Brick Duplex in "HOT" Hintonburg! Loads of charm and character in a trendy and developing neighbourhood. The duplex has a newer forced air gas furnace (2006), hot water tank (2006), roof (2003), updated wiring (2 meters), plumping, and some newer windows on main floor.
• Unit 1 is the ground floor unit with an attached single car garage with inside access. It is a large 1 bedroom, 1 bathroom unit with fridge, stove, dishwasher, hood fan, washer & dryer. Unit is rented at $975 / mo. inclusive of utilities.
• Unit 2 is the second floor unit with separate entrance, 2 bedrooms, 1 bathroom and has loads of character including custom ductwork, original pine flooring and more. Appliances incl. fridge, stove, hood fan, portable dishwasher, washer & dryer. This unit is owner occuppied with potential rent of $1,500 / mo.
• Gross rental income potential of $29,700 annually, with operating expenses running at approximately $6,500 annually.
This duplex would be perfect as an owner occupied unit while renting out the second to help pay the mortgage, or as an investment property. Potential to run a home-based business on ground floor and live above. Further potential to add a large outdoor deck above the garage with direct access from the 2nd level.
A rare gem! Act fast! Contact me for additional details.