• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
  • +1-905-744-6000
  • info@findhomes.ca
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2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
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2427 North Shore Road, Algonquin Highlands, ON K0M 1S0

Algonquin Highlands, ON, K0M 1S0 · Stanhope

5 Beds
2 Baths
— Sq Ft
4 Parking
Detached Type
X13474832 MLS#

About this property

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..

Features & Amenities

  • Basement: Apartment, Finished with Walk-Out, Separate Entrance
  • Garage: None
  • Cooling: None
  • Heat Type: Baseboard
  • Heat Source: Electric
  • Style: 2-Storey
  • Construction: Concrete Poured, Vinyl Siding
  • Sewer: Septic

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style 2-Storey
Bedrooms 5
Bathrooms 2
Lot Size 2 Feet
Basement Apartment, Finished with Walk-Out, Separate Entrance
Garage None
Parking Spaces 4
Heat Type Baseboard
Heat Source Electric
Cooling None
Sewer Septic
Annual Tax $1,682
Tax Year 2025

Interior Features

Interior Features
Accessory Apartment, In-Law Suite, Propane Tank, Upgraded Insulation, Water Heater Owned

Exterior Features

Exterior Features
Deck, Patio, Year Round Living
Other Structures
Shed
Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Concrete Poured, Vinyl Siding
Foundation Details
Poured Concrete
Roof
Shingles
Basement
Apartment, Finished with Walk-Out, Separate Entrance

Heating & Cooling

Heat Type
Baseboard
Heat Source
Electric
Cooling
None

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Private Double
Covered Spaces
0

Lot & Land

Lot Size Area
1.80
Lot Size Units
Feet
Lot Depth
343.00
Lot Width
225.00

Community & Neighborhood

Property Features
Beach, Fenced Yard, Golf, Library, School Bus Route, Rec./Commun.Centre

Financial & Tax

Tax Annual Amount
$1,682
Tax Year
2025
Possession Type
Flexible
Possession Details
FLEXIBLE

Utilities & Services

Sewer
Septic
Water Source
Drilled Well

Room Details

Rooms Above Grade
15
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
3
Bedrooms Below Grade
2

Additional Details

Occupant Type
Tenant
Direction Faces
South
County Or Parish
Haliburton
Cross Street
STANHOPE RD & NORTH SHORE RD.
Directions
TAKE HWY 118 TO STANHOPE RD, TURN LEFT ON FIRST STREET ( NORTH SHORE). SIGN ON PROPERTY
Special Designation
Unknown
Showing Requirements
Showing System

Location

2427 North Shore Road, Algonquin Highlands, ON K0M 1S0, Algonquin Highlands, ON, K0M 1S0

Listing courtesy of Century 21 Granite Realty Group Inc.
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  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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