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$489,900

Est. payment - /mo

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6 Beds

2 Baths

Active

40 Main ST #40 & 42 North Stormont, ON K0C 0B2

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Stephan Gauthier

stephan@gauthierhomes.com +1(613) 697-7771

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 709 - Finch

MLS Listing ID X12190262

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $2,230

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Community 709 - Finch

Area Stormont, Dundas And Glengarry

Zoning R

Rooms

Family Room No

Basement Partial Basement, Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment

Cooling None

Inclusions 40 Main includes a Washer and Dryer/ 42 Main includes Washer, Dryer, Fridge, Stove

Exterior

Exterior Feature Deck

Parking Features Private

Pool Other

Roof Type Metal

Lot Frontage 150.0

Lot Depth 117.19

Total Parking Spaces 2

Building

Foundation Stone

Others

Senior Community No

Listed by EXP REALTY

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Stephan Gauthier

Team Lead / Broker

+1(613) 697-7771

40 Main ST #40 & 42 North Stormont, ON K0C 0B2

Stephan Gauthier

Key Details

Location

Rooms

Interior

Exterior

Building

Others

40 Main ST #40 & 42

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