5 Tiffany STREET
Ridgetown, Ontario
MLS® 26022419
$419,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 26022419
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 41Listing description
Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately ¼-acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike.
The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties.
The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity—live in one unit while the rental income from the other helps offset your mortgage and monthly expenses.
Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth.
Property summary
- MLS® number
- 26022419
- Property type
- Multi-family
- Building type
- Duplex
- Title
- Freehold
- Land size
- X / 0.252 AC
- Annual property taxes
- $1,989.78
- Parking
- Other
- Days on market
- 3 days
Features & details
- Heating
- Forced air, Natural gas, Furnace
- Flooring
- Cushion/Lino/Vinyl
- Exterior features
- Aluminum/Vinyl
What would this home cost you?
Based on the $419,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of MATCH REALTY INC., Chatham.
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.