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Prescott And Russell,ON K0A 1W0
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11922144
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,532
Tax Year 2025
Property Description
Fantastic Investment Opportunity in Embrun! This recently built duplex offers excellent income potential and long-term security, with both units rented on five-year leases until April 1st, 2029. Conveniently located in a desirable neighborhood, this property is well-maintained and fully tenanted, making it a hassle-free addition to any portfolio. The upper unit features a bright, open-concept kitchen and dining area with a patio door leading to a large deck. The spacious living room is filled with natural light from its large windows. This unit includes three bedrooms, two and a half bathrooms, and an oversized laundry room on the 2nd floor. The lower unit has its own private side entrance with large foyer and offers two bedrooms plus a den, a full bathroom with seperate laundry, and an open-concept kitchen, dining, and living area. Despite being a lower unit, it feels bright and welcoming thanks to large windows that bring in plenty of natural light. The property includes separate utilities for each unit, with two furnaces, two HRVs, two rented hot water tanks, and individual gas and hydro meters. Tenants are responsible for their own heating and hydro, while the landlord covers water expenses up to $100 per month. The upper unit, located at 29 Marcel, is currently rented for $2,850 per month, while the lower unit, 29A Marcel, rents for $2,200 per month. Both units are in excellent condition and are well cared for by reliable tenants, providing peace of mind for the next owner. With secure leases in place, modern finishes throughout, and a prime location in a growing community, this duplex is a smart investment with strong cash flow potential. Dont miss out on this incredible opportunity!
Location
Province ON
County Prescott And Russell
Community 602 - Embrun
Area Prescott And Russell
Region 602 - Embrun
City Region 602 - Embrun
Rooms
Family Room Yes
Basement Apartment,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Air Exchanger,Auto Garage Door Remote,In-Law Suite,On Demand Water Heater,Separate Heating Controls,Separate Hydro Meter,Accessory Apartment
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Natural Gas,Family Room,Living Room
Inclusions 2 Fridges, 2 Stoves, 2 Dryers, 2 Washers, 2 Dishwashers, 2 Hood Fans, 2 Air Exchangers, Auto Garage Door Opener
Exterior
Exterior Feature Deck
Parking Features Front Yard Parking
Garage Spaces 5.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 36.03
Lot Depth 134.91
Total Parking Spaces 5
Building
Foundation Poured Concrete