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$ 489,900
Est. payment /mo
New
40 Main ST #40 & 42 North Stormont, ON K0C 0B2
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 709 - Finch
MLS Listing ID X12190262
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $2,230
Tax Year 2024
Property Sub-Type Duplex
Property Description
Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 709 - Finch
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Pool Other
Roof Type Metal
Lot Frontage 150.0
Lot Depth 117.19
Total Parking Spaces 2
Building
Unit Features Library,Park,Rec./Commun.Centre,School Bus Route
Foundation Stone
Listed by EXP REALTY