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2427 NORTH SHORE ROAD, Algonquin Highlands (Stanhope)
2026-06-23
Quick Summary
MLS®#X13474832
Property Description
TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Beach, Golf Nearby
Building
- Appliances: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
- Basement Development: Finished
- Basement Features: Apartment in basement, Walk out, Separate entrance
- Basement Type: N/A, N/A (Finished), N/A
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Concrete, Vinyl siding
- Fireplace: No
- Interior Size: 1100 - 1500 sqft
- Building Type: House
- Stories: 2
- Utility Water: Drilled Well
Features
- Feature: Sloping, In-Law Suite
Land
- Land Size: 225 x 343 FT|1/2 - 1.99 acres
- Sewer: Septic System
Ownership
- Type: Freehold
Structure
- Structure: Deck, Patio(s), Shed
Information entered by Century 21 Granite Realty Group Inc.
Listing information last updated on: 2026-06-23 18:57:40
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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