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2427 NORTH SHORE ROAD
Algonquin Highlands (Stanhope) Ontario K0M1S0 Canada

$515,000

Active Listing ID X13474832
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5 bed
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2.00 Bath
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Single Family

$515,000

Active Listing ID X13474832
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2427 NORTH SHORE ROAD 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Exterior Finish: Concrete, Vinyl siding
  • Heating Systems: Baseboard heaters, Forced air, Electric, Propane
  • Additional Features
  • Basement
Listing Changed: 6/23/2026 7:05:05 PM GMT
Source Updated Date: 6/24/2026 4:31:00 AM GMT

Courtesy of: CHRISTINE SHARP, Salesperson, Century 21 Granite Realty Group Inc.