24 Duke Street

24 Duke Street
24 Duke Street
24 Duke Street
+45
5
 bed
4
 bath
5
 parking
2504 - 2504
 sqft
Fourplex
$675,000
Loading
Loading
$675,000
Click to open the pre-gallery to get the direction
Size
-
Lot size
245.36 sqm
Street frontage
-
Possession
-
Price per sqm
$2,897
Taxes
$4,236.42 (2024)
Parking Type
-
Style
-
See what's nearby
Description
Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don’t miss the chance to add this asset to your portfolio.
Broker: RE/MAX Escarpment Realty Inc.
MLS®#: 40658007
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
233 sqm
Lot front:
11.89 M
Lot depth:
20.42 M
Listed on:
Oct 3, 2024
Show all details
Instant estimate:
orto view instant estimate
$7,957
higher than listed price
i
High
$726,834
Mid
$682,957
Low
$664,378
Sasha Bastani
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40658007
Listed by RE/MAX Escarpment Realty Inc.

About 24 Duke Street

24 Duke Street is fourplex for sale. It was listed at $675000 in October 2024 and has 5 beds and 4 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.

© 2025 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.