TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk.
Address
2427 North Shore Road
List Price
$515,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Algonquin Highlands
Sub-Area
Stanhope
Region
Haliburton
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
15
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
343
Lot Shape
Rectangular
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
225
Parcel Number
391300131
Occupant Type
Tenant
Cross Street
STANHOPE RD & NORTH SHORE RD.
MLS® Number
X13474832
Listing Brokerage
Century 21 Granite Realty Group Inc.
Basement Area
Apartment, Finished with Walk-Out, Separate Entrance
Postal Code
K0M 1S0
Posession Details
FLEXIBLE
Parking
Private Double
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$1,682.00
Tax Year
2025
Rural Utilities
Cell Services, Internet High Speed, Telephone Available
Site Influences
Beach, Deck, Fenced Yard, Golf, Library, Patio, Rec./Commun.Centre, School Bus Route, Year Round Living
Exterior Features
Deck, Patio, Year Round Living
Interior Features
Accessory Apartment, In-Law Suite, Propane Tank, Upgraded Insulation, Water Heater Owned
Property Features
Beach, Fenced Yard, Golf, Library, School Bus Route, Rec./Commun.Centre
Cable
Yes
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Concrete Poured, Vinyl Siding
UFFI
No
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Other Structures
Shed
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 28 CON 6 STANHOPE PT 1 19R710; ALGONQUIN HIGHLANDS
Security Features
None
Topography
Sloping
Water Source
Drilled Well
View Type
Trees/Woods
Waterfront
No
Sewer
Septic
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Lower | Dining Room | 2.93 x 3.73 | |
| Lower | Kitchen | 2.48 x 5.96 | |
| Lower | Living Room | 3.65 x 3.2 | |
| Lower | Primary Bedroom | 3.58 x 3.95 | |
| Lower | Bedroom 2 | 3.58 x 2.81 | |
| Lower | Bathroom | 2.83 x 2.46 | 4 Pc Bath |
| Lower | Other | 3.47 x 1.24 | |
| Main | Kitchen | 3.78 x 3.51 | |
| Main | Dining Room | 3.36 x 3.28 | |
| Main | Living Room | 6.23 x 3.14 | |
| Main | Laundry | 2.22 x 2.25 | |
| Main | Primary Bedroom | 4.89 x 3.14 | |
| Main | Bedroom 2 | 3.89 x 3.12 | |
| Main | Bedroom 3 | 2.72 x 3.12 | |
| Main | Bathroom | 2.27 x 2.14 | 4 Pc Bath |