2427 North Shore Road, Algonquin Highlands, ON K0M 1S0

For Sale Added today MLS® X13474832
Asking Price
$515,000
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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

Financial Information

List Price$515,000
Annual Taxes$1,682 (2025)
Days on Market0
MLS® X13474832 • Listed by Century 21 Granite Realty Group Inc.
2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
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$515,000.00
$108,150.00

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4.70%

🧾 Amortization
30 years
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Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
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Effective Amortization30 Years
Property Location
2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
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