Inside the home
This is a side-by-side brick duplex with two occupied three-bedroom units, each with its own entrance, kitchen, and updated flooring. Both kitchens have been refreshed with white cabinetry and tile floors, and unit 53 has a cleaner overall finish throughout. Buyers should look closely at the attic-level bedrooms — visible ceiling staining in multiple photos suggests a past or ongoing moisture issue that warrants inspection. Unit 51's living room is carpeted and in lower condition than the rest of the property. The rear lot is large and fits several cars, but it's entirely gravel with no outdoor living space. Tenants pay their own utilities. This is an income property — plan accordingly.
- Solid brick construction from 1875 in good structural condition
- Both units updated with white shaker kitchens and tile floors
- Laminate flooring updated in unit 53 living and bedroom areas
- Separate utilities for each unit
- Large rear lot with ample multi-car gravel parking
- Both units tenanted at market rent
- Updated bathroom in unit 53
- Separate rear entries for each unit
A Rare Find: Updated Side-by-Side Duplex with Excellent Tenants! This well-maintained side-by-side duplex sits on a quiet street in the desirable Holmedale neighbourhood with a big park that's just around the corner and close to a bus route and all amenities. The property features two spacious 3-bedroom units with separate utilities and numerous updates that include windows, flooring, kitchens, furnaces, AC, and more (a list of updates is available upon request and attached to the MLS listing), and each unit has its own laundry(washers and dryers belong to the tenants and are the responsibility of the tenants). Both units are rented at market rent with excellent tenants and since there are separate utilities the tenants pay for all utilities except for the water heater rentals(the owner only pays for 1 water heater rental and the other water heater is owned). This property has an outstanding cap rate (income statement is available upon request and attached to the MLS listing) and it is truly a turn-key investment opportunity for a savvy investor with nothing for you to do but let the rental income grow your bank account. Add this terrific property to your investment portfolio. Schedule a viewing today.