38 Huron St

JUNE 1ST VACANCY WITH ADDITIONAL MORTGAGE HELPER! Are you trying getting into the market? This two unit detached home offers a separate secondary unit located at the rear of home, completely self-contained - you may forget it's even there! At the current rental rate, the income will cover approx $200,000 in mortgage payments. It would also serve as the perfect location for an elderly family member whom you wish to have close by. Given the depth of the lot, you could also explore the popular ARD’s (Additional Residential Dwelling) - that would be three units on one lot. Separate hydro and gas meters, each with their own laundry, and the long list of mechanical upgrades, make this one of the easiest properties to maintain. Situated next to downtown, and in a historic neighbourhood going through extensive revitalization - future possibilities are plentiful. The front unit will have VACANT OCCUPANCY FOR JUNE 1ST. Enter this unit via the covered porch (perfect for people watching) and discover a main floor bedroom, living room, a generous kitchen/dining area, and convenient laundry facilities. Two additional bedrooms and a full 4pc bathroom are found upstairs. The basement offers a ton of extra storage space. The rear unit features a 2 bedroom suite that is accessed from the rear yard, also with it's own basement for additional storage. Both units have got through updates over the last 10 years, each with stainless appliances and laundry. Upgrades include: roof, windows, siding, kitchen, bathrooms, flooring and 1 furnace, all completed in 2015. 200 amp electrical ('21), 1 furnace (Dec '23). For ease, there is year-round, overnight street parking available for yourself and your guests. (id:54626)