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40 Main Street Image 1

$489,900

6 days agoDuplex For Sale
bedrooms6bed
washrooms8bath
MLS - #X12190262

40 Main Street, North Stormont, ON K0C 0B2

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Similar Homes Found
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Average Price
48990000.0%
Higher than average

Price Comparison

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Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

About 40 Main Street

Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Partial Basement, Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by EXP REALTY

Additional Details

Basement:Partial Basement, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 40 Main Street

Some information about this property - Main Street

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