MLS#: E13094866Listed: 28 days agoUpdated:23 days ago
Description
Turnkey Investment Opportunity in Beautiful Port Perry - Not Subject to Rent Control! Purpose-built bungalow with legal accessory apartment generating strong, reliable income with A+ tenants in place. An exceptional opportunity for investors seeking immediate cash flow with future upside potential. Featuring two fully self-contained units, each thoughtfully designed with modern finishes and functional layouts. Both units offer 2 bedrooms with private ensuites, contemporary kitchens with quartz countertops, stainless steel appliances, and stylish finishes, along with separate entrances, private laundry, and individual garages. Built with investor efficiency in mind, the property includes separate utility metering, reducing operational complexity and maximizing returns. Additional highlights include 9' ceilings, luxury vinyl plank flooring, gas fireplace, modern lighting, and parking for up to 3 vehicles per unit. Strong income profile: $68,340/year. Located in the highly desirable waterfront community of Port Perry, just minutes to Lake Scugog, marina, shops, and amenities, ensuring continued tenant demand and long-term appreciation. A rare opportunity to acquire a low-maintenance, income-generating asset in one of Durham Region's most desirable waterfront communities. (id:63050)
Details
Details for 16040 Simcoe Street, Scugog Port Perry, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
Port Perry
Land Size
49.2 x 112 FT
Year Built
-
Annual Property Taxes
$7,561
Parking Type
Attached Garage, Garage
Inside
Appliances
Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Rooms
12
Bedrooms
4
Bathrooms
6
Fireplace
-
Fireplace Total
1
Basement
Apartment in basement, Separate entrance, N/A, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Simcoe St & Reach St. ** Directions: Simcoe north of Reach Street on West side.
Type of Dwelling
house
Roof
-
Exterior
Brick, Stone
Foundation
Concrete
Flooring
Vinyl
Land
Sewer
Sanitary sewer
Lot Size
49.2 x 112 FT
Zoning
-
Zoning Description
-
Parking
Features
Attached Garage, Garage
Total Parking
6
Utilities
Cooling
Central air conditioning
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 16040 Simcoe Street, Scugog Port Perry, Ontario