Welcome to 242 Castlefrank Road - a FULLY-RENOVATED, turnkey property offering exceptional flexibility as a smart investment or ideal live-in-and-rent opportunity. This home with a LEGAL SECONDARY DWELLING UNIT (SDU) has been renovated top to bottom, featuring two bright and stylish two-bedroom units, each with its own entrance, in-suite laundry and modern finishes throughout. Both suites offer spacious layouts with contemporary white kitchens, quartz countertops, and luxury vinyl plank flooring and the lower unit has large windows that give the unit a bright feel. UPDATES INCLUDE: kitchens, bathrooms, heating system, plumbing, electrical, and more (2021 & 2023). With separate hydro meters, an efficient gas boiler system, and professional property management already in place, this is truly a low-maintenance, TURNKEY investment. GROSS INCOME: $50,088, Expenses $6,108 (approx.) NET $43,980 (approx). Perfect for investors or buyers looking to offset their mortgage with rental income. (id:4069)
Address
242 CASTLEFRANK ROAD
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Bedrooms
4
Bathrooms
2
Floor Area
700 - 1100 Sq. Ft.
Lot Size
35 x 100 FT Sq. Ft.
MLS® Number
X12513778
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
N/A, Full, N/A (Finished)
Postal Code
K2L1T5
Features
In-Law Suite
Amenities
Separate Electricity Meters
