Investor or Mortgage Helper ALERT! Currently producing $3,400 per month in gross rental income and a 7.4% cap rate. Can be purchased as an income property or live-in with mortgage and utilities completely covered by other rental streams. This beautiful duplex features over 1,900 sq. ft. of developed living space with major renovations completed over the years. The upper level offers a spacious living/dining room, kitchen, 3-piece bathroom, new laundry centre and 3 large bedrooms. The lower level includes a common area laundry/utility room and two illegal suites, each rented separately. Each illegal suite features a bedroom, living room, kitchenette and 4-piece bathroom. The fully fenced backyard is sizable with a deck and leads to the double oversized, heated garage (which is also rented). Major updates in the past two years include a new high efficiency furnace, full upper-level painting, roof updates and some new windows/locks/doors. This R-C2 half duplex is located in the heart of Southwood close to all amenities, schools, shopping centre and a 5-minute walk to the LRT. BE SURE TO CHECK OUT THE 3D WALK THROUGH!
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