2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
For Sale
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MLS® X13474832
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Overview
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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.
Bedrooms
5
Bathrooms
2.0
Area
1,300 sqft
Lot Size
1.8 acres
Type
Detached
Water
Drilled Well
Property Details
Year BuiltNot Disclosed
CityAlgonquin Highlands
Postal CodeK0M1S0
Lot Dimensions225.00 × 343.00 ft
Parking4 spaces
Interior Features
Heat: Baseboard
Heat Source: Electric
Cooling: None
Style: 2-Storey
Exterior & Land
Sewer: Septic
Construction: Concrete Poured, Vinyl Siding
Roof: Shingles
Utilities & Services
Heat SourceElectric
Water SourceDrilled Well
SewerSeptic
2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
Purchase Calculator
$515,000.00
$108,150.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
Insured Prefer
💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.
🛠️ Maintenance
⚡ Utilities etc.
Total Monthly Cost
⚙️
0
/month
Principal & interest
Home expenses
Other expenses
Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
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