This versatile, multi-purpose property just north of Stirling sits on a 0.85-acre rectangular lot with R2 zoning, allowing for a secondary residence, home-based businesses, or home industries. The raised bungalow, built in 1995, offers two self-contained living spaces, each with separate entrances, kitchens, and three bedrooms. Both units are currently rented on a month-to-month basis, with long-term tenants residing for nearly two years. Unit A (upper unit) is a bright, spacious 3-bedroom, 2-bath home featuring hardwood floors, vaulted ceilings, and floor-to-ceiling windows in the living room. Patio doors in both the living room and primary bedroom lead to a deck. The eat-in kitchen has oak cabinets, tile flooring, and a pantry. The primary bedroom includes a private 3-piece ensuite and double closets. Tenant pays $2,000/month + internet, with the landlord covering gas, hydro, and HWT rental. Unit B (lower unit) is a newly finished (2023) 3-bedroom, 1-bath space with an open-concept kitchen, dining, and living area. It features vinyl plank flooring, multiple storage areas, and a 4-piece bath. Tenant pays $1,200/month all-inclusive. The property generates over $43,000 in gross rental income, including a rented detached double-car garage ($400/month). An additional 20' x 10' garage/shed is available for owners use. The gravel driveway offers parking for 10+ vehicles with room for trailers or equipment. Constructed with maintenance-free vinyl siding, the home is serviced by a well and septic system, eliminating water/sewer charges. A high-efficiency gas furnace and central A/C ensure year-round comfort. The common front entrance provides separate access to both units, and a front deck with a ramp adds convenience. Financial details and zoning provisions are available through the listing brokerage.
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow-Raised
Approx. Age:
16-30
Total Approx Floor Area:
1100-1500
Lot Size:
.50-1.99
Depth:
245'10½"74.9 m
Frontage:
150'2"45.8 m
Lot Shape:
Rectangular
Topography:
Level
Direction Faces:
East
Bedrooms:
3+3
Bathrooms:
3.0
Water supply:
Well
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
6
Ensuite Laundry:
No
Fractional Ownership:
No
Zoning:
R2
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace Features:
Roughed In
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Other Structures:
Shed
Parking Features:
Private Triple, RV/Truck
Parking Spaces:
10
Total Parking Spaces:
12.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$215,000
Assessment Year:
2024
Taxes:
$4,114.6 /
2024
Assessment:
$215,000.00 /
2024
Stirling-Rawdon
Hastings
Library, Rec./Commun.Centre, School, School Bus Route, Wooded/Treed
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Controlled Entry, Deck, Year Round Living
Carbon Monoxide Detectors, Smoke Detector
Hot water Tank-Gas
Refrigerator, Oven, Cook-top stove, Dishwasher, Electric light fixtures