LEGAL DUPLEX, professionally completed in 2022, fully permitted, close to Mohawk college and highways. A truly turnkey investment opportunity this well appointed bungalow functions as two private, soundproofed dwellings. Designed with function in mind: each with their own laundry, electrical panel and meter, separate backyard with shed and parking for each! Throughout 2022 every major component of this home was upgraded including the electrical, plumbing, roof, furnace, every appliance, exterior doors, on demand water tank, waterproofing and sump pump. This laid the groundwork for a fully finished 2 bed, 1 bath basement with egress windows, durable vinyl floors, stylish bathroom and large open concept kitchen with island. Bonus features include an electric fireplace, storage space AND a built in tenant for the last 3 years (currently month to month). Vacant and waiting for your use or your tenant is a two bed, one bath upstairs unit. Also upgraded in 2022 with a new bathroom, updated kitchen with new appliances, and a large front room with bright vinyl windows, decorative fireplace, and upgraded floors and pot lights! Don't overlook the stacked laundry and built in breakfast nook. Further upgrades include new outdoor water spigots and outlets, 2 fully fenced yards, new double driveway and simple perennial gardens. Make a smart, long-term investment, or offset your expenses!
Location! Location! Location! Exceptional investment opportunity with strong cash flow potential. This sun-filled detached home sits on a prime corner lot and is within walking distance to Mohawk College, St. Joseph's Hospital, McMaster University, Walmart, and nearby shopping centres. The property features two kitchens, 2+2+3 bedrooms, 3 bathrooms, and a finished basement with separate entrance, making it ideal for multi-unit or student rental use. Enjoy the convenience of two sets of laundry. Recent updates include new exterior painting, partial new fencing, and partial new flooring (2022). 6 bedrooms were leased for $4,000/month, with total potential rental income of up to $5,500/month. Garden suite potential might offer an excellent opportunity for additional rental income. A rare opportunity in a high-demand rental location-perfect for investors or savvy buyers.
