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Welcome to this incredibly well maintained duplex at 94 North Park Street. Located in a family friendly neighbourhood which is close to schools, shopping, public transit, highway 403, and the hospital. Great cash producer with current rents estimated at $3,400 per month and potential for growth with market rents estimated at $3800 per month. This is a turnkey property with major capital repairs and updates taken care of with many years of low cost of ownership ahead. Property shows pride of ownership with great curb appeal. Note the location in Terrace Hill - have your pick of great tenants with low turnover and an easy to operate property. Extensive maintenance and renovations have been done with many recent updates including maintenance free exterior with new soffit, fascia, eave troughs, downspouts, and siding (2021), roof shingles (2016), vinyl windows (2010 and 2017), furnace (2017), basement updates with new flooring and lighting, second floor bathroom replacement with new tub, toilet, vanity, and laundry hook up (2016), new electric baseboard heating in upper unit and other electrical updates with 2 hydro meters, full service to the gas fireplace and more. There is also a huge rear yard and the parking area has been expanded. Main unit is currently vacant and has been fully turned with new luxury vinyl plank flooring throughout, painting and decorating, electrical updates, new entry door, lighting and other updates. Unit is awaiting new tenants where you can set the rents and have years of worry free cash flow. Upper unit is in great condition shows nicely and has an amazing tenant. Great real estate investment with many future opportunities to grow income and appreciate over time. Can also live in one unit and have a mortgage helper or remove one wall and easily convert back to a single family use. This is your opportunity to own a quality investment in a great neighbourhood! (id:24093)
Listed by Wendy Easveld of Sutton Team Realty Inc.

Property Details of 94 North Park Street

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"Based on information submitted to CREA as of June 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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