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$515,000
Ontario,Algonquin Highlands (Stanhope)
For Sale Active
2427 NORTH SHORE ROAD, Algonquin Highlands (Stanhope), Ontario K0M1S0
  • 5
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

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:66098)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13474832
  • Price: $515,000
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 289666
Features & Appliances
Features
  • Heating System: Forced air, Baseboard heaters, Electric, Propane
  • Cooling System: None
  • Basement: Walk out, Finished, N/A, Apartment in basement, Separate entrance
  • Fence: Fenced yard
  • Parking: No Garage
  • Exterior Features: Vinyl siding, Concrete
  • Sewer: Septic System
  • Utilities: Electricity, Cable, Wireless, Telephone
Address Map
  • Location: CA, Ontario, Algonquin Highlands (Stanhope), K0M1S0
  • Street: North Shore
  • Street Number: 2427
  • Street Suffix: Road
  • Longitude: W79° 20' 27.9''
  • Latitude: N45° 6' 39.6''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 225 x 343 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 1682
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Listing updated: 2026-07-02 08:32:45
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Listing Information
  • List Agent Key: 2032607
  • List Office Key: 289666
  • Modification Timestamp: 2026-06-23T19:05:05Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-06-23T18:57:40Z
Powered by REALTOR.ca
Listing updated: 2026-07-02 08:32:46
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