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