550 James Street N

Your dream duplex! A home that helps pay for itself. Situated in the quiet north end, steps from Bayfront Park and West Harbour GO Station, this home has limitless potential as an investment, home for yourself plus rental income, opportunity for multi-generational families, or future potential thru the high & dry basement with a separate entrance. Entire property has been thoughtfully updated from the inside out and is completely move in ready. Soaring ceilings in both units. Main floor, the owner currently runs a successful STR/BnB that can be passed onto a new owner: two large bedrooms, plenty of storage, updated laundry, an entertainer's kitchen, cozy living room with fireplace, and a bathroom to die for. The back yard here is huge with a deck and newer hot tub, all maintained impressively well. Upstairs unit has 3 bedrooms, featuring quadruple-sized closets with built in organisers in the main bedroom, a large living room with gas fireplace and built-ins, a cute balcony off the updated eat-in kitchen, and an open concept attic loft currently used as a home office and massive bedroom. Basement with separate entrance can be used as storage, workshop, home gym, or future income suite. To top it all off, ample street parking and possibility for exclusive permit from city (buyer to do due diligence). Updates: main floor custom closets (2021), Nest thermostat (2021), new roof + new shed roof (Nov 2021), new skylights in attic (2021), 2nd floor engineered hardwood (2021), locking back gate (2021), gas fireplace upstairs (2022), electric fireplace downstairs (2022), main floor new bathroom (2022), new sliding doors upper balcony & lower living room (2022), fire alarm system updated (2023), keyless front door lock (2023), basement partially finished (2024).