Georgina, Historic Lakeshore Communities, L4P 3E9
$899,900
Listed by EXP REALTY.
Just steps from the picturesque shores of Lake Simcoe, this legal duplex presents an outstanding opportunity for investors or portfolio builders. With two well-maintained units already occupied by exceptional tenants, this property offers immediate cash flow and the potential to add even more value. Situated in a highly desirable and well-connected neighborhood, this duplex is close to schools, parks, shopping, and all the amenities tenants crave. But the true potential lies in the property's unique layout and expansive irregular lot. The fully powered detached building is a blank canvas ideal for potentially converting into a third rental unit, a private workspace, or even a short-term rental to maximize returns. Add in the spacious patio, fire pit, and backyard retreat, and you've got a property that tenants (or future buyers) will love. Key features include forced air/gas heating, municipal water and sewers, and a fully permitted apartment above the garage. Whether you're looking to hold and collect rental income or expand to add more doors, this property is a rare find in a sought-after location. Don't miss this chance to own a versatile, income-generating property in one of Lake Simcoes most appealing neighborhoods.
2x refrigerators, 2x stoves, 2 washing machines, 2 dryers, 1 dishwasher, B/I A/C unit in gym. All existing ELFs.
Foyer
Living
Kitchen
Primary
2nd Br
3rd Br
Laundry
4th Br
Sitting
Kitchen
5th Br
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.