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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 X11923690
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,532
Tax Year 2025
Property Description
Discover this thoughtfully designed duplex, an ideal opportunity for investors or buyers looking to offset their mortgage by living in one unit and renting out the other. This well-maintained property offers both comfort and practicality, with great income potential. The upper unit features a bright, open-concept kitchen and living/dining area with a patio door leading to a spacious deck, perfect for outdoor enjoyment. With 3 bedrooms, 2.5 bathrooms, and a large laundry room, this unit is well-suited for families or professionals seeking space and convenience. The lower unit has a private side entrance and includes 2 bedrooms plus a den, a full bathroom, and its own laundry room. The bright, open-concept living area boasts a cozy fireplace, and a great modern kitchen. Both units are equipped with separate furnaces, HRVs, hot water tanks, and individual gas and hydro meters, giving tenants control over their utilities. Tenants pay heating and hydro, while the landlord covers up to $100 per month for water. The property is fully rented, with 31 Marcel generating $2,800 per month and 31A generating $2,200 per month. The upper unit has a 5 year lease expiring on April 1st 2029 and the lower unit lease is in place until April 1, 2025, after which they will transition to a month-to-month agreement. Whether you're looking to grow your portfolio or find a home that generates income, this duplex is a rare opportunity you wont want to miss!
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 40.0
Lot Depth 134.91
Total Parking Spaces 5
Building
Foundation Poured Concrete