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Renanza Realty
For sale

27 CAYUGA Street N

Cayuga, Ontario

MLS® 40817020

$649,900

Status
Active
Property type
Multi-family
MLS® number
40817020
Bedrooms
6
Bathrooms
3
Year built
1900

Listing description

Excellent opportunity to get into the real estate market here at 27 Cayuga St. N, Cayuga. Real Estate Investors wanting to purchase a turn-key, fully occupied legal duplex generating $60,600 gross annual income - today is your lucky day!

Includes an extensively recently renovated, from bottom to top, 2 storey building positioned proudly on 0. 18 acre lot in the heart of downtown Cayuga - no car required for tenants, as all amenities this popular Grand River offers, are within walking distance - incs shops, eateries, Post Office, river parks, schools & churches. UNIT #1 - Main Floor apartment ftrs 9ft ceilings highlighted w/open concept living area & stylish white kitchen cabinetry sporting designer island, quartz countertops & SS appliances incs built-in dishwasher, primary bedroom enjoying 3pc en-suite, 4pc principal bath, 2 additional bedrooms, laundry facilities & patio door walk-out to rear deck & yard.

UNIT #2 - 2nd Floor apartment enjoys side door entrance w/private enclosed staircase accessing open concept living area & modern white kitchen augmented w/SS appliances incs built-in dishwasher & quartz countertops, 3 large bedrooms, 4pc main bath & separate laundry station. Extras - new since 2023 - low maintenance vinyl flooring thru-out, n/g furnace/AC, windows, 100 amp electrical/plumbing/insulation/drywall & LED lighting - plus double paved driveway & quaint wrap around front/side porch. Buyer agrees to accept the current Tenants upon completion of this transaction.

Cap Rate of “7” (approx). Relaxing 30/40 min commute to Hamilton, Brantford & Hwy 403 - 90/120 mins to GTA. Rare Maintenance Free Duplex Package!

Property summary

MLS® number
40817020
Property type
Multi-family
Building type
Duplex
Square footage
1,852 sq ft
Title
Freehold
Land size
0.18 acres
Built in
1900
Annual property taxes
$2,719.00
Parking
3 spaces · Attached Garage
Days on market
122 days

Features & details

Heating
Radiant heat, Natural gas
Cooling
Central air conditioning
Basement
None
Appliances
Window Coverings
Exterior features
Vinyl siding
Lot features
Paved driveway

What would this home cost you?

Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,024 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Escarpment Realty Inc., Stoney Creek.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.