2427 North Shore Road

For Sale
5.25 BTC
2427 North Shore Road, Algonquin Highlands
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
2427 North Shore Road
3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
15
ROOMS
X13474832
MLSID
Contact Us
Property 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..
Property Features
Beach, Fenced Yard, Golf, Library, School Bus Route, Rec./Commun.Centre, Accessory Apartment, In-Law Suite, Propane Tank, Upgraded Insulation, Water Heater Owned, Private Double, None
Property Details
Property Type
Detached
Lot Size
225' x 343'
Acreage
1.8 Feet
Taxes
$1,682 (2025)
Basement
Apartment, Finished with Walk-Out, Separate Entrance
Exterior
Deck, Patio, Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Well
Parking Spaces
4
Garage Type
None
Listing contracted with Century 21 Granite Realty Group Inc.
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