Property Description
Built by respected Paradigm Homes, this legal duplex in Elmira’s desirable Southwood Park offers an excellent opportunity for investors seeking strong cash flow and long term appreciation. Set your own rent for the upper unit - featuring a bright, modern layout with an eat in kitchen, island, ample cabinetry, and high-end appliances including a gas stove, plus a gas fireplace and built-in speakers. These features attract and retain quality tenants, or add to the appeal of an owner occupied mortgage helper. Carpet free main floor, upper-level laundry, and a spacious primary suite with luxury ensuite further enhance living enjoyment. The professionally finished one bedroom lower apartment includes a separate entrance and private laundry, providing immediate rental income and a valuable mortgage offset, significantly reducing monthly carrying costs. The fully fenced backyard, insulated and heated double garage, and proximity to parks, trails, shopping, and amenities increase tenant appeal and support stable, long term rents. Minutes to Waterloo, this turnkey duplex offers flexibility for investors or owner occupiers looking to maximize cash flow while building equity in a growing community. (id:63357)
Property Details
- Property Type
- Detached
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,572 sqft
- Above Grade Area
- 1,822 sqft
- Below Grade Area
- 750 sqft
- Year Built
- 2017
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Explore More in Elmira
The data relating to real estate on this website comes in part from the MLS® Reciprocity program.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.
The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.