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$ 549,900
Est. payment /mo
New
1520 GERALD STREET Cornwall, ON K6H7G8
4 Beds
2 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Square Footage 1,100 sqft
Price per Sqft $499
Subdivision 717 - Cornwall
MLS® Listing ID X13052622
Style Raised bungalow
Bedrooms 4
Property Sub-Type Freehold
Property Description
Well-maintained Semi-Detached raised bungalow offering two self-contained units. The upper unit features 2 bedrooms and 1 bathroom with tall ceilings, an oversized master bedroom, and a functional, comfortable layout. The lower unit offers 2 bedrooms and 1 bathroom, with tall ceilings and large windows bringing in plenty of natural light, creating a bright and inviting basement space.Both units include their own kitchen, living area, and in-unit laundry, providing convenience and privacy for occupants. The Fully legal basement apartment was added in 2022 with city permits obtained and closed. Built to code with compliant electrical, proper fire separation, and interconnected smoke detectors providing peace of mind.Currently tenanted with reliable occupants paying $1,945/month (upper) and $1,800/month (lower), on month-to-month leases. Tenants have been in place for several years, offering steady income from day 1 or flexibility for owner occupancy.A solid and turn key opportunity to generate rental income, or offset your mortgage in a well-maintained property. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Others
Ownership Freehold
Listed by CENTURY 21 SHIELD REALTY LTD.
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