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Renanza Realty
For sale

5 Tiffany STREET

Ridgetown, Ontario

MLS® 26022419

$419,000

Status
Active
Property type
Multi-family
MLS® number
26022419
Bedrooms
Bathrooms
Year built

Listing 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.

Estimated monthly payment$1,950 /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 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.