For Sale: 2427 Shore Road NORTH, Algonquin Highlands, ON - REW
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$489,500
5 bd 2 ba 1100 - 1499 sf House

2427 North Shore RoadAlgonquin Highlands, ON, K0M 1S0

  • 5 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

About this home

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.. (id:63626)
Listed by: CHRISTINE SHARP, Salesperson, Century 21 Granite Realty Group Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$1,682
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
4
Parking Details
No Garage
Property Type
House
Depth
343 feet
Frontage
225.0 feet
Title
Freehold
Exterior Finish
Concrete, Vinyl siding
Heating Type
Baseboard heaters, Forced air, Electric, Propane
Basement Details
Finished, Apartment in basement, Separate entrance, Walk out, , ,
Features
In-Law Suite, Sloping
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
CHRISTINE SHARP
Primary Broker
Century 21 Granite Realty Group Inc.
Listing details
Days on REW
92 Days
Property Views
16
MLS® Number
X13474832
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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