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$829,900

4373 REGIONAL ROAD 20, West Lincoln, Ontario, L0R 1Y0

MLS® # 40844818

West Lincoln ON, L0R 1Y0

MLS® # 40844818

Property Information:

Welcome to this rare duplex situated on a picturesque 1.69-acre country property in West Lincoln, backing directly onto peaceful farmer's fields with beautiful rural views. Whether you're searching for a multigenerational home, an income-generating investment, or a smart way to offset your mortgage with rental income, opportunities like this are few and far between. Built in 1973 on a poured concrete foundation, this well-maintained property offers 7 total bedrooms, 3 full bathrooms, and two self-contained and separately metered units.. The east unit features an updated kitchen (2015), modern flooring, spacious living and dining areas, three bedrooms, a 4-piece bathroom, walkout access to a 324 sq. ft. interlock patio, and a full unfinished basement with laundry. It is serviced by a propane furnace with central air conditioning and a 100-amp electrical panel. The west unit offers a freshly painted main floor (2025), new vinyl flooring (2025), an updated kitchen (2015), bright living and dining areas, three bedrooms, a 4-piece bathroom, and a walkout to a 320 sq. ft. interlock patio. The partially finished basement adds valuable living space with a family room, fourth bedroom, 3-piece bathroom, laundry area, and additional unfinished storage space. This west unit is heated by an oil furnace with central air conditioning and also features 100-amp electrical service. Outside, the expansive lot provides parking for approximately 20 vehicles and offers more than enough space to construct a detached garage or workshop. The home has updated vinyl/thermal windows throughout and a new Waterloo Biofilter septic system (2023). The entire home is serviced by a drilled well, providing dependable country living in a peaceful setting just minutes from the amenities of Smithville and surrounding communities. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Floor Space: 1996 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Oil, Propane
  • Cooling Type: Central air conditioning
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 3
  • Access Type: Road access
  • Amenities Nearby: Golf Nearby, Hospital, Park, Public Transit, Schools, Shopping
  • Built in: 1973
  • Community Features: Community Centre, School Bus
  • Features: Crushed stone driveway
  • Floor Space (approx): 1996 Square Feet
  • Irregular: Yes
  • Lot Depth: 307 Feet
  • Lot Frontage: 234 Feet
  • Lot Size: 1.69 Acres
  • Structure Type: Shed
  • Zoning: A & EC
  • Sewer: Septic System
  • No. of Parking Spaces: 20

Courtesy of: RE/MAX Escarpment Realty Inc.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 4373 REGIONAL ROAD 20, West Lincoln, Ontario, L0R 1Y0

Demographic Information of 4373 REGIONAL ROAD 20, West Lincoln, Ontario, L0R 1Y0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$123,171.24

Average Number of Children

2.17

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.75 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

8.7 %

College/non-university certificate

29.31 %

University Degree

10.14 %

Commuter

Travel To Work

By Car

96.19 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

3.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent