High-upside duplex with strong income potentialideal for investors or first-time buyers looking to house-hack and build equity. Located in a convenient, transit-friendly area with solid rental demand, this property offers immediateincome and clear value-add opportunities.The upper unit (3rd floor) is a self-contained 2-bed, 1-bath, currently rented for $1,200/month (tenantpays utilities). The main and second levels feature a spacious 6-bed, 2-bath layout ready for updates,with excellent potential to reconfigure into two units and significantly increase rental income.The lower level requires improvements but supports a projected total rental income of Approx.$3,900/month across two unitsor live in one and rent the others for strong mortgage offset.Key features include a newer roof (2 years), walk-out basement, multiple entrances, municipal services,and parkingideal for multi-unit conversion. A clear value-add opportunity with proven income history and strong upside in both cash flow and equity. (id:45785)
| MLS® Number | 202608521 |
| Property Type | Multi-family |
| Community Name | Sydney |
| Amenities Near By | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Community Features | Recreational Facilities, School Bus |
| Basement Development | Unfinished |
| Basement Features | Walk Out |
| Basement Type | Full (unfinished) |
| Exterior Finish | Aluminum Siding |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Concrete Perimeter |
| Type | Duplex |
| Utility Water | Municipal Water |
| Gravel | |
| Parking Space(s) |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.0918 |
| Size Total | 0.0918 Ac |
| Size Total Text | 0.0918 Ac |
https://www.realtor.ca/real-estate/29652855/859-victoria-road-sydney-sydney
Contact us for more information
Sahil Sethi