Property Information:

Exceptional turnkey investment opportunity! This fully tenanted legal duplex with a newly completed legal Additional Dwelling Unit (ADU) offers three income-producing rental units and immediate cash flow from day one. No need to find tenants, every unit is occupied, making this a seamless addition to any investment portfolio. The brand-new legal ADU was completed this year with stylish modern finishes throughout with its own back separate Large concrete driveway, while the main and upper units have also been extensively renovated. Major improvements include new electrical throughout, a new upstairs sub-panel, new central A/C, new kitchens in all units, and numerous updates that minimize future maintenance costs. Whether you're expanding your portfolio or purchasing your first income property, this is a rare opportunity to own a low-maintenance, fully leased investment with three legal rental units already generating income. Viewing offers as they come - reach out today for more info! (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Construction Style - Attachment: Detached
Exterior Finish:
Flooring Type: Laminate
Foundation Type: Block, Concrete
Heating Type: Forced air, Heat Pump
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Heat Pump
Appliances: Dryer, Refrigerator, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 4+2
Bathrooms: 3
Features: Double width or more driveway
Irregular: Yes
Landscape Features: Landscaped
Lot Size: 53.31 X 156.48 FT / 0.192 AC
Zoning: RES

Rooms:

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Courtesy of: JUMP REALTY INC.

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Demographic Information of 58 MARLBOROUGH STREET East, Leamington, Ontario, N8H 1W7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,106.06

Average Number of Children

1.91

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

39.9 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

2.57 %

College/non-university certificate

18.74 %

University Degree

5.71 %

Commuter

Travel To Work

By Car

93.13 %

By Public Transit

2.6 %

By Walking

2.34 %

By Bicycle

0.98 %

By Other Methods

0.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.84 %

Houses

72.16 %

58 MARLBOROUGH STREET East, Leamington, Ontario, N8H 1W7