1547 Vercheres Street

Orleans - Convent Glen and Area, 2010 - Chateauneuf

Description

Rare Investment Opportunity Semi-Detached Bungalow with 2 Fully Equipped Secondary Units (R2A Zoning) Welcome to a purpose-built FOURPLEX rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers FOUR mirror-image units, each approximately 1,340 sq. ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. EACH UNIT enjoys its own separate: entrance, gas furnace, central AC, HRV system, hot water tank, 100 Amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today!

This fourplex home located at 1547 Vercheres Street, Orleans - Convent Glen and Area, ON K1C 7C7 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$2M. It has 12 beds, 4 bathrooms, and is 2500-3000 square feet. The property is N/A years old. 1547 Vercheres Street, Orleans - Convent Glen and Area, ON K1C 7C7 is in Orleans - Convent Glen and Area neighborhood 2010 - Chateauneuf.