Rare opportunity to own 2,694 sq ft legal non-conforming duplex nestled in the heart of Grimsby along the Niagara Escarpment. Zoned TRM this property is perfect for residential investor or owner looking to occupy one apartment & receive a return on the rest of their investment. The Century Home was remodeled in 2019 and sits on a beautiful oversized lot with 4 parking spaces & garden shed for additional storage. The main floor apartment features two bedrooms, updated 4 pc bathroom with granite counters, new Kitchen with granite countertops, living room with wainscoting & fireplace, & hardwood floors & California shutters throughout. The upstairs apartment features two bedrooms, updated 4 pc bathroom with granite counters, a remodeled kitchen with granite counters, dining room, living room, vinyl plank flooring & California shutters throughout. There are two Boilers (one new in 2021), two Central Air units, two Hot Water Heaters (one new in 2022), two 100 amp breaker panels, laundry for each unit in the basement & each unit is separately metered. Unit #1 Main Floor is 2 beds/1 bath: fair market rent $2,200.00-2,500/month+utilities. Unit #2 Upper Floor unit 2 beds/1 bath: fair market rent $2,200-2,500.00/month+utilities; Total Gross Rent/Year= $52,800-$60,000. Updates: 2019 - windows, doors, new appliances, eavestroughs, downspouts, 2022 – Paved Driveway, 2023 – New Roof, attic insulation and new soffits. Buyer to do their own due diligence. (id:4069)
Address
27 Mountain Street
List Price
$999,000
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Grimsby
Floor Area
2,694 Sq. Ft.
Lot Size
49 x 161 Sq. Ft.
Year Built
1904
MLS® Number
H4183494
Listing Brokerage
RE/MAX Escarpment Realty Inc.
Basement Area
Full (Unfinished)
Postal Code
L3M3J9
Zoning
TRM
Site Influences
Hospital, Recreation, Schools
Features
Park setting, Treed, Wooded area, Park/reserve, Conservation/green belt, Paved driveway