This well-designed duplex was completed in 2023 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely renovated to create two bright and functional one-bedroom apartments. The list of updates is extensive, including a metal roof, new siding, windows, electrical, plumbing, and heat pump units-the list goes on! This is a worry-free property, perfect for anyone looking to enter the rental market or add a solid asset to their investment portfolio. Both units feature in-suite laundry, and heat and electricity are included in the rent. With efficiency as a key focus during the renovation, the home is extremely well insulated from top to bottom. The main-level unit currently rents for $1,050 per month, while the second-floor unit rents for $1,000 per month, generating a net operating income of approximately $17,464 annually (excluding management fees, as the property is locally managed by the owner). This property can also be sold in conjunction with MLS#202526296 as a package deal. A solid, low-maintenance investment-definitely worth a look! Book your showing today!
Off Main Street at the top of Junction Road and only Pioneer. Home is on the left.
Listing Sub-Area:
102S-South of Hwy 104, Parrsboro and Area
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
20x28
Outside Dimenions:
20x28
Lot Size:
4,648 sq. ft.432 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
2
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Concrete, Piers
New Constr.:
No
Basement:
Crawl Space, None
Floor Finish:
Vinyl Plank
Roof:
Metal
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
Multiple Driveways
Driveway:
Multiple Driveways
Water Supply:
Municipal
Water And Sewage:
345.82
Sewer:
Municipal
Num Units:
2
Num 1 Bed Units:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
24,600
Approx. Net Income:
17,464.94
Insurance Expense:
1,587
Taxes Costs:
2625.1
Heating Bill:
2,577.14
Approx. Total Expense:
7135.06
Approx. Total Income:
24,600
Air Conditioning
Appliances
Golf Course, Park, Playground, Recreation Center, Shopping
Data was last updated March 3, 2026 at 07:20 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$359,900
Min list price:
$79,900
Max list price:
$3,950,000
Avg days on market:
113
Min days on market:
4
Max days on market:
503
These statistics are generated based on the current listing's property type
and located in
Northern Region. Average values are
derived using median calculations. This data is not produced by
the MLS® system.