$260,000
$309,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
21929 Main ST North Glengarry, ON K0B 1H0
5 Beds
3 Baths
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 721 - North Glengarry (Lochiel) Twp
MLS Listing ID X11931523
Sold Date 04/03/25
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $1,888
Tax Year 2024
Property Sub-Type Duplex
Property Description
Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 721 - North Glengarry (Lochiel) Twp
Area Stormont, Dundas And Glengarry
Zoning Residential
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls, Water Heater
Cooling None
Exterior
Exterior Feature Deck, Landscaped
Parking Features Available
Garage Spaces 1.0
Pool None
View Clear
Roof Type Metal
Lot Frontage 46.0
Lot Depth 160.0
Total Parking Spaces 4
Building
Foundation Concrete, Stone
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