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$ 529,000
Est. payment | /mo
1 Bed
2 Baths
$ 529,000
Est. payment | /mo
1 Bed
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Chaffey
MLS Listing ID X12014137
Style 2-Storey
Bedrooms 1
Annual Tax Amount $2,462
Tax Year 2024
Property Sub-Type Detached
Property Description
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. Low maintenance vinyl siding, walking distance to Avery beach, Hunters Bay Trail, and downtown Huntsville. The duplex backs directly onto Irene street park and playground for added privacy and is set on a dead end road in a quiet neighbourhood. Both apartments have larger windows with sunlit interiors and their own washer/ dryer units. The upper apartment has a walkout to a private deck with views of surrounding trees. The current R3 zoning and how the building is set on the lot allows for further potential development or additions. In 2019 the duplex was fire retrofitted, a new hot water tank was added and the breaker panels were replaced and updated. So much income earning potential with fantastic tenants and very low maintenance costs! Total rental revenue per year $40,200.
Location
Province ON
County Muskoka
Community Chaffey
Area Muskoka
Rooms
Family Room No
Basement Walk-Up, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Separate Heating Controls
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
Virtual Tour https://mls.kuu.la/share/collection/7Kpl7?fs=1&vr=1&zoom=1&sd=1&thumbs=1
Listed by Royal LePage Lakes Of Muskoka Realty