283 MERIDIAN AVE #2 Active Save Request In-Person Tour Request Virtual Tour
Timiskaming,ON P0J 1K0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID T11931798
Style Bungalow
Bedrooms 4
Annual Tax Amount $3,837
Tax Year 2024
Lot Size 0.500 Acres
Property Description
Fully Rented Duplex Exceptional Investment Opportunity!This beautifully renovated duplex is a prime investment, currently generating $1,867.00 in total monthly rent, with a scheduled rent increase to $1,913.68 in July 2025. Both units are in excellent condition, offering modern amenities and tenant-friendly features. Each apartment features 2 spacious bedrooms, a full bathroom, and washer/dryer hookups. Tenants benefit from natural gas heating, on-demand hot water, and radiant electric heat panels in the living rooms. Separate hydro and gas meters ensure individual utility management.A large, shared backyard provides ample outdoor space for relaxation or recreation. Plenty of parking for both units.Fire-inspected and retrofitted in 2015 with new siding, 2-inch foam insulation, windows, facia, and soffits for improved energy efficiency and durability.Rental Income:Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage! Dont miss out on this turnkey duplex that combines modern living with excellent income potential.Property Code: 332
Location
Province ON
County Timiskaming
Community Haileybury
Area Timiskaming
Zoning RESIDENTIAL
Rooms
Family Room No
Kitchen 2
Interior
Cooling None
Exterior
Exterior Feature Privacy
Parking Features Private Double
Garage Spaces 6.0
Pool None
Roof Type Unknown,Asphalt Shingle
Building
Foundation Concrete,Post & Pad