$489,000

House For Sale In Deseronto (Deseronto (Town)), Ontario

$489,000
  • 5

    Bedrooms

  • 3

    Baths

  • 66 x 132 FT

    Lot Size

Property Information:

At $499,000, this home is a rare income opportunity in the heart of Deseronto. This tenant-ready century home is priced to deliver immediate returns and long-term upside. With two separate self-contained units, this property offers the flexibility investors and owner-occupants are searching for: live in one unit and let the other help pay your mortgage, or lease both for a strong, dependable cash flow. The upper unit (3 bed/1 bath) is already tenanted at $973/month all-inclusive, generating income from day one, while the vacant main-floor unit (2 bed/1 bath) gives you the freedom to move in, choose your own tenant, or capture additional market rent. Both units are bright and spacious, with their own private entrances, full eat-in kitchens, in-unit laundry, and comfortable living areas, making them genuinely easy to rent and easy to hold. The value extends well beyond the units themselves: a full unfinished basement offers abundant storage along with a sauna and a bathroom rough-in, presenting clear potential to add even more usable space and equity down the road. Outside, you'll find a detached single-car garage, two separate driveways with parking to suit both households, and a generous, mature-treed backyard with a new covered deck being completed by the seller. Set in a well-established neighbourhood close to local amenities and the waterfront, this is the kind of property that rarely comes to market at this price: solid, income-producing, and full of upside. Whether you're growing your portfolio or buying your first home with built-in income, 127 Green Street is an opportunity worth moving on. Units are not separately metered; 24 hours' notice required for showings. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Unfinished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 132 Feet
  • Lot Frontage: 66 Feet
  • Lot Size: 66 x 132 FT
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 11

Rooms:

  • Dining 2nd Level 2.43 m x 2.73 m
  • Bathroom 2nd Level 2.27 m x 1.67 m
  • Primary Bedroom 2nd Level 4.46 m x 3.77 m
  • 2nd Bedroom 2nd Level 3.63 m x 3.52 m
  • 3rd Bedroom 2nd Level 3.75 m x 2.92 m
  • Living 2nd Level 3.96 m x 4.50 m
  • Kitchen 2nd Level 3.92 m x 3.27 m
  • Primary Bedroom Main Level 4.11 m x 3.76 m
  • 2nd Bedroom Main Level 4.99 m x 3.75 m
  • Kitchen Main Level 3.66 m x 4.18 m
  • Living Main Level 4.97 m x 4.67 m
  • Bathroom Main Level 3.66 m x 1.54 m

Courtesy of: Exp Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.