Description
Legal Duplex with Guaranteed Rental Income in Prime Location. Recently inspected by city official. Welcome to 11 Van Horne Place, a beautifully maintained legal duplex offering a rare blend of flexibility, location, and steady cash flow. 3+3 bedroom, 2-bathroom home is tucked away on a quiet cul-de-sac in a family-friendly neighbourhood and features two fully self-contained units each with private entrances, full kitchens, in-suite laundry, and generous living spaces. The lower unit is currently rented at $2,100/month + 50% of utilities. The upper unit is move-in ready with potential to offset your mortgage. Rental income from the basement can potentially be used toward mortgage qualification. Minutes from Conestoga College, Zehrs Grocery, Fairview Park Mall, schools, parks, and Hwy 401. Large, fully fenced backyard. Let your tenant help cover the mortgage while you build long-term equity.
Additional Details
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- Lot Size
- 36.45 X 178 Ft.
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- Approx Sq Ft
- 1100-1500
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- Building Type
- Detached
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- Building Style
- Bungalow-Raised
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- Taxes
- $4213 (2024)
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- Garage Space
- 1
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- Garage Type
- Built-In
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- Parking Space
- 2
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- Air Conditioning
- Central Air
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- Heating Type
- Forced Air
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- Kitchen
- 2
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- Kitchen Plus
- 1
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- Basement
- Separate Entrance, Full
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- Pool
- None
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- Zoning
- R2A
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- Listing Brokerage
- TRILLIUMWEST REAL ESTATE
