Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants. |
Price | $475,000 |
Taxes: | $2230.00 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 40 Main Stre , North Stormont, K0C 0B2, Stormont, Dundas |
Directions/Cross Streets: | Main St & Bergin Ave |
Rooms: | 18 |
Bedrooms: | 6 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Partial Base, Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Second |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Second |
Washroom Type 7 | 4 | Second |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Brick, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 2 |
Park #1 | |
Parking Type: | Private |
Park #2 | |
Parking Type: | Private |
Pool: | Other |
Other Structures: | Garden Shed |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 2500-3000 |
Property Features: | Library, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Stormont, Dundas and Glengarry |
Municipality: | North Stormont |
Neighbourhood: | 709 - Finch |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $2,230 |
Beds: | 6 |
Baths: | 2 |
Fireplace: | N |
Pool: | Other |