11 Connaught Ave

UPPER UNIT TENANT VACATING BY OCTOBER 1, LOWER tenant pays 985/mo plus their own electricity.- Introducing a rare purpose-built 4 bedroom investment property currently being operated as a duplex, featuring an upper and lower unit, offering both a comfortable living space and excellent investment potential. Each unit has its own entrance, kitchen, bathroom, and convenient in-suite laundry facilities, providing a private and self-contained living experience. Both of these units are rented to tenants who are currently month-to-month, so this setup is perfect for those seeking a mortgage helper by moving into one of the units themselves while renting out the other, or for savvy investors looking to maximize their returns. Furthermore, this property offers the versatility to be converted back into a single-family home, catering to the changing needs of its future owner. The independence of separate water heaters, hydro metres and outdoor storage for each unit provides additional convenience and utility. Location is key, and this home is ideally situated in close proximity to Fanshawe College, downtown amenities, and a main bus route to ensure a steady stream of potential tenants, making it an appealing choice for both students and working professionals alike. Whether you're looking for a comfortable home with a built-in income source or a smart investment venture, this property offers the best of both worlds. Schedule a viewing today and explore the potential this property has to offer. (id:22211)