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Chaffey, Huntsville, ON P1H 2M8
$549,900
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Attention investors! This fully legal duplex is the perfect addition to your portfolio, offering strong rental income potential and immediate cash flow. The property was previously rented with the upper unit generating $1,500/month and the lower unit generating $3,500/month (rented by bedrooms), showcasing its excellent income potential. The basement also features an additional private room with its own bathroom and kitchenette/bar kitchen, creating even more flexibility for rental income.The property is currently vacant, giving you the rare opportunity to select your own tenants and set your own rents based on current market conditions.For added peace of mind, the home has already passed a Fire Inspection, making this a stress-free, compliant investment for any landlord. Based on previous rents, the property has the potential to cashflow approximately $1,500 per month after expenses, making it an ideal opportunity for investors seeking both strong income and long-term appreciation.Whether you're expanding your portfolio or purchasing your first investment property, this high-performing legal duplex offers the flexibility, compliance, and cashflow investors are looking for.