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2176 MCDOUGALL
Description
ATTENTION INVESTORS! Excellent income-producing opportunity featuring 2 residential units plus a 1,960 sq. ft. detached garage/workshop. Lower unit rents for $1,695/month + utilities, upper unit $1,125/month + utilities, and garage $550/month + utilities, generating $40,440 in gross annual income. Great tenants in place with property management already established. Major updates include a new residential roof in 2024, steel garage roof in 2020 and new windows throughout the residential units in 2019. Separate gas and hydro meters; owner pays water. The commercial garage offers powered storage/workshop space with a propane furnace, adding another valuable income stream to this unique property. Ideally located close to parks, schools, shopping, public transit and everyday amenities. A versatile investment with multiple revenue streams and several major updates already completed. Fantastic opportunity to add a well-maintained income property to your portfolio! (id:50861)
Property details
- Property type
- Single Family
- Building type
- Duplex
- Lot size
- 33 X 183.57 FT
- Parking
- Detached Garage
- Heating
- Natural gas, Furnace
- Cooling
- Central air conditioning
- MLS® number
- 26024450
Mortgage calculator
Estimate only, using Canadian semi-annual compounding. Excludes property tax, home insurance and mortgage default insurance (required with less than 20% down). Talk to a lender for an exact quote. More calculators: insurance, affordability, land transfer tax →
Location
Listed by: REALTY ONE GROUP ICONIC BROKERAGE. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.