Welcome to 11 Daphne Crescent, a thoroughly renovated LEGAL DUPLEX bungalow and exceptional income property with pride of ownership throughout. Ideal for an investor seeking rental income, a homeowner offsetting their mortgage with a second suite, or a family looking for a flexible multigenerational or in-law living arrangement with separate living spaces. It offers investment security and versatility: $50,400/year ($4,200/month) in gross rent, plus over $100,000 in upgrades in the last 7 years, already done for you.Meticulous updates include a complete roof replacement (sheathing, insulation, shingles, soffits, fascia, and gutters), high-end Kempenfelt Windows, furnace and A/C, 100-amp electrical panel, water softener, washer/dryer, and reverse osmosis drinking water filtration.Both units feature updated kitchens with white cabinetry, new countertops, Moen faucets, and stainless (wifi enabled) appliances. Upstairs has a hexagon backsplash, brass hardware, and a dishwasher; downstairs has a herringbone backsplash. Both bathrooms are equally new, with the upstairs vanity built from marine-grade plywood cabinetry for long-term durability. Wide-plank flooring with added sound barrier runs throughout both units.Coin laundry adds roughly $1,200/year. Each unit has its own indoor storage area and dedicated outdoor storage shed, in a fenced backyard with a new deck and garbage enclosure. Walking distance to parks and schools, minutes from Bayfield Street shopping, Royal Victoria Hospital, and Georgian College, with easy Highway 400 access. VACANT POSSESSION!!! Both tenants have given notice, giving the new owner the chance to move in or choose tenants and set new rental rates. This is an ideal turnkey investment property. (id:13843)
| MLS # | S13747500 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 52 |
| Listing Provided By | RE/MAX HALLMARK CHAY REALTY | MICHELLE TRUMBLEY |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Water softener, Dishwasher, Stove, Water Treatment, Storage Shed |
| Fireplace Yes / No | No |
| Lot Features | Carpet Free, Gazebo |
|---|---|
| Foundation Details | Block |
| Fencing | Fenced yard, Fully Fenced |
| Parking Features | No Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4367 |
|---|
| Province | ON |
|---|---|
| City | Barrie (Cundles East) |
| Postal Code | L4M2Y7 |
| Listing VS Median (in L4M2Y7) | |
Price: $698,000 low | high Med: $2,500 sqft: 700 low | high Med: 700 $ / sqft: $997 low | high Med: $4 On site: 52 low | high Med: 20 | |
| Province | ON |
|---|---|
| City | Barrie (Cundles East) |
| Postal Code | L4M2Y7 |
| Listing VS Median (in L4M2Y7) | |
Price: $698,000 low | high Med: $2,500 sqft: 700 low | high Med: 700 $ / sqft: $997 low | high Med: $4 On site: 52 low | high Med: 20 | |