41 Church Avenue South Dundas, Ontario K0E 1K0

$349,000

Income-Generating Triplex in Iroquois. Great Investment Opportunity! Attention investors! This soon to be fully tenanted triplex in Iroquois offers steady rental income with room for growth. Featuring three self-contained units, this property includes two main-floor apartments and one upper-level unit, all with separate utility billing for tenant-covered expenses. Unit Breakdown: Main Floor 1 Bed, 1 Bath | Recently renovated, currently advertised for $1,100/month. Main Floor 2 Bed, 1 Bath | Long-term tenant paying $400/month. Upper Level 2 Bed, 1 Bath | Long-term tenant paying $650/monthThis property boasts low-maintenance features, including vinyl and hardwood flooring, a high-efficiency natural gas furnace (2013), electric baseboard heaters in each unit, and a steel roof (2013). Other upgrades include new vinyl windows (2010-2013), ensuring improved energy efficiency. Enjoy ample parking, a spacious yard, and a double garage great for storage or additional rental potential. One long-term tenant manages lawn care and snow removal, reducing maintenance costs. While the siding could use some attention, the soffits and fascia are in good condition. Conveniently located in Iroquois, this property is a great opportunity for investors looking for a mix of stable long-term tenants and upside rental potential. Contact your realtor or myself for more details or to schedule a private viewing! (Interior pics are of recently updated Unit B, main floor 1-bedroom) (id:43934)

Property Details

MLS® Number	X11980207
Property Type	Multi-family
Community Name	702 - Iroquois
Parking Space Total	7

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Total	5
Amenities	Separate Electricity Meters, Separate Heating Controls
Appliances	Stove, Water Heater, Refrigerator
Basement Development	Unfinished
Basement Type	Full (unfinished)
Exterior Finish	Hardboard
Foundation Type	Poured Concrete, Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	150 Ft
Size Frontage	70 Ft
Size Irregular	70 X 150 Ft
Size Total Text	70 X 150 Ft|under 1/2 Acre
Zoning Description	R2 , Legal Non-conforming Triplex

https://www.realtor.ca/real-estate/27933403/41-church-avenue-south-dundas-702-iroquois