Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there's a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50x167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don't miss out on this exceptional opportunity – schedule a showing today to explore the possibilities! (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
50 x 166 ft
Amenities Nearby
Hospital, Marina, Park, Place of Worship, Playground, Schools
Community Features
School Bus
Equipment
Water Heater
Features
Paved driveway
Listing Contract Date
2024-04-15
Location Description
Simcoe Street and Gill Street
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Workshop
Transaction Type
For sale
Zoning Description
R2
Building
Appliances
Microwave
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Stone
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Marina, Park, Place of Worship, Playground, Schools
Sewer
Municipal sewage system
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