Basics Information
Location (Category)
- Community (CityRegion): Codrington
Address
- Street Number: 39
- Street Name: Eugenia
- Abbreviation: Street
- Fronting On: North
- Lot Width: 60
- Lot Depth: 155
- Directions: South on Albert to Eugenia to SOP
- Cross Street: Albert & Eugenia
Rooms
- Bedrooms: 5
- Bathrooms: 2
Client Remarks
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Description:
This property is a prime investment opportunity, featuring a fully renovated in-law suite with a separate entrance, perfect for generating immediate rental income. You can live in the top unit and rent out the basement as a mortgage helper, maximizing your financial flexibility. The move-in-ready suite boasts modern finishes and appliances, attracting high-quality tenants and ensuring low vacancy rates with strong rental demand. Situated in a desirable neighborhood near amenities and the lakefront, both the main residence and the in-law suite command premium rental rates. Investors can tap into multiple income streams, including long-term leases for the main home and suite or short-term rentals to leverage the areas appeal to tourists and professionals. The propertys low-maintenance features, such as the steel roof and recent upgrades, reduce ongoing costs, boosting cash flow and return on investment. Additionally, the detached garage offers further income potential, whether leased as a workshop or converted into an ADU. With its turnkey condition and versatile layout, this property is a lucrative addition to any investment portfolio
Property
- Parking: 2
- Garage: 1
- Sewer: Sewer
- Cooling: Central Air
- Heating Type: Forced Air
- Construction Materials: Brick
- Foundation Details: Concrete
- Pool: None
- HST Application: Included In
- Survey Type: None
- Parcel Number: 588200054
- Basement: Apartment, Finished with Walk-Out
- Roof: Metal
Interior Features
- Interior Features: None