40 Main Street 40 & 42, North Stormont, ON

$475,000

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6

Beds

2

Baths

2,500

Square feet

About 40 Main Street 40 & 42

Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.

Features of 40 Main Street 40 & 42

MLS® # X12190262
Price $475,000
Bedrooms 6
Bathrooms 2.00
Square Footage 2,500
Type Residential Freehold
Sub-Type Duplex
Style 2-Storey
Status Active

Community Information

Address 40 Main Street 40 & 42
Area Stormont, Dundas and Glengarry
Subdivision 709 - Finch
City North Stormont
Province ON
Postal Code K0C 0B2

Amenities

Parking Spaces 2
Garages None
Is Waterfront No
Has Pool Yes
Pool Other

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Partial Basement, Unfinished

Exterior

Exterior Brick, Vinyl Siding

Listing Details

OfficeEXP REALTY

Listing Map

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