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$ 649,999
Est. payment | /mo
4 Beds
3 Baths
$ 649,999
Est. payment | /mo
4 Beds
3 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Windsor
MLS Listing ID X13020446
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,894
Tax Year 2025
Property Sub-Type Detached
Property Description
Turnkey income property with built-in development potential. This fully renovated two-unit property generates $3,400/month in rental income and sits on a rare oversized lot with severance potential. Both units have been extensively updated with new flooring, modern kitchens, fresh paint, and a new washer and dryer, while the roof has been repaired, offering a low-maintenance investment. Each unit operates independently with its own HVAC system, including AC and heat pump, controlled by separate thermostats, along with separate hot watertanks, eliminating shared utility concerns. The property sits on approximately 973 m with~21.33 m frontage and includes a side parcel recognized as a separate lot on title. A professional feasibility study confirms strong potential for severance. Under current RD1.2zoning, the property permits one single detached and one duplex as-of-right, with potential for two single detached homes subject to minor variance. A rare opportunity for investors or builders to generate strong income while unlocking additional future value.
Location
Province ON
County Essex
Area Essex
Rooms
Family Room Yes
Basement Full
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Oil
Exterior
Pool Other
Roof Type Asphalt Shingle
Lot Frontage 70.01
Lot Depth 150.43
Total Parking Spaces 2
Building
Unit Features Fenced Yard,Hospital,Library,Other,Park,Place Of Worship
Foundation Concrete
Others
Security Features Carbon Monoxide Detectors
ParcelsYN Yes
Listed by RE/MAX WEST REALTY INC.
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