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:4069)
Address
78 WOODBERRY Crescent
List Price
$1,049,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Elmira
Bedrooms
4
Bathrooms
4
Floor Area
2,572 Sq. Ft.
Year Built
2017
MLS® Number
40795359
Listing Brokerage
Royal LePage Wolle Realty
Basement Area
Full (Finished)
Postal Code
N3B0C5
Zoning
R-5A
Site Influences
Park, Place of Worship, Schools, Shopping
Features
Automatic Garage Door Opener
Open Houses
- January 10, 2:00 PM - 4:00 PM
- January 11, 2:00 PM - 4:00 PM