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Renanza Realty
For sale

320 NELSON Street

Palmerston, Ontario

MLS® 40875706

$649,900

Status
Active
Property type
Multi-family
MLS® number
40875706
Bedrooms
3
Bathrooms
1
Year built
2022

Listing description

ATTENTION FIRST-TIME HOME BUYERS & SAVVY INVESTORS! A wonderful opportunity awaits you with this fantastic two-unit duplex situated on a large lot! Built just 4 years ago, this property offers the benefits of newer construction, with everything still looking and feeling like new!

Featuring two spacious units, each with 3 bedrooms, this property offers excellent flexibility and income potential. The lower unit is currently rented for $2,100 per month, providing a terrific mortgage helper! Imagine living in one unit while collecting rental income from the other to help pay down your mortgage.

It's an excellent opportunity to get into the real estate market while building your financial future. Whether you're a first-time home buyer looking for an affordable way to own or an investor searching for a great income property, this duplex deserves your attention! Two units.

Six bedrooms. Newer construction. Fantastic rental income.

A large lot. What more could you ask for? Don't miss this wonderful opportunity!

Property summary

MLS® number
40875706
Property type
Multi-family
Building type
Duplex
Size
2,100 sq ft
Title
Freehold
Built in
2022
Annual property taxes
$3,464.21
Parking
4 spaces
Days on market
2 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Exterior features
Vinyl siding, Brick Veneer
Lot features
Crushed stone driveway
Community features
Community Centre

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 Twin City Realty Inc., Kitchener.

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.