218-218a Cypress Street The Nation, Ontario K0A 2M0

6 Bedroom 4 Bathroom 1,100 - 1,500 ft2
Raised Bungalow Central Air Conditioning Forced Air

$749,990

Attention investors! Built in 2024, this modern semi-detached duplex is a turnkey opportunity with separate electricity and gaz meters. Flooded with natural light, the property features contemporary finishes, custom cabinetry, and durable low-maintenance laminate flooring throughout. Both the upper unit and lower unit offer 3 bedrooms and 2 bathrooms, making it ideal for an in-law suite, rental income, or owner-occupancy with additional revenue. Enjoy a deck for outdoor living and a prime location close to parks, recreation, schools, and all amenities. With recent construction, modern systems, and minimal maintenance required, this is a smart, income-ready addition to any investment portfolio. The lower unit is currently rented on a month-to-month basis while the upper unit is vacant, allowing you to move in or choose your own tenants and set market rental rates. *** Some photos are from another unit, virtually identical to the property.The water bill is approx $200 per month, taxes for 2025 were $4,875 . Upper unit rents for $2,400/month in that area, lower unit is curently rented at $2000/month. (id:37553)

Property Details

MLS® Number X13104608
Property Type Multi-family
Community Name 616 - Limoges
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick Facing, Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 33 M
Size Frontage 20.05 M
Size Irregular 20.1 X 33 M
Size Total Text 20.1 X 33 M
Zoning Description 334

Rooms

Level Type Dimensions
Basement Bedroom 3.48 m x 2.79 m
Basement Bedroom 2.64 m x 2.74 m
Basement Living Room 3.71 m x 4.32 m
Basement Dining Room 2.74 m x 3.48 m
Basement Kitchen 3.51 m x 2.74 m
Basement Bedroom 3.48 m x 3.4 m
Main Level Living Room 4.01 m x 4.57 m
Main Level Dining Room 2.74 m x 3.71 m
Main Level Kitchen 3.51 m x 2.74 m
Main Level Bedroom 3.4 m x 3.66 m
Main Level Bedroom 3.4 m x 2.79 m
Main Level Bedroom 3.05 m x 2.92 m

https://www.realtor.ca/real-estate/29725044/218-218a-cypress-street-the-nation-616-limoges