43-45 Railway ST
Multi-Family $ 479,000

43-45 Railway ST

Lansdowne Village, ON K0E 1L0

  • 4 Beds
  • 4 Baths
  • - Year Built
Welcome to this purpose-built newly upgraded side by side duplex, located in the village of Lansdowne, just north of Highway 401. This is a great cashflowing opportunity for investors with $43,500 gross income a year. Each unit is currently rented and offers a two storey layout with a full basement and sits on a generous lot. Both units feature a main floor bathroom and a full 4 piece bathroom upstairs, providing comfort and convenience for tenants or owners. Unit 43 is turn key rented $1775 plus utilities with upgraded bathroom vanity and toilet. Unit 45 is also turn key rented $1850, freshly painted, new windows, new kitchen, 5 x appliances and floors, bathroom vanity and toilet. Each unit is equipped with a cold climate air source heat pump, providing efficient heating and cooling year round. The basements include laundry hookups, adding to the functionality of each unit. Outside, you will find back decks, fenced yard areas, and front parking for both units. The property also features separate heat, hydro, and water and sewer services, making it easy to manage and keep operating costs predictable. Whether you choose to live in one unit and rent the other, or rent both units for positive cash flow, this property offers strong investment potential with reliable rental income. Located just minutes from the Thousand Islands, International Bridge, and Charleston Lake, this area is attractive to professionals, families, or retirees looking to invest and potentially occupy in the future. This is a rare opportunity to own a solid income property in a stable area.
Listed by REAL BROKER ONTARIO LTD., BROKERAGE

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PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 1500-2000

    Subdivision 03 - Lansdowne Village

    MLS Listing ID X13628058

    Style 2-Storey

    Bedrooms 4

    Annual Tax Amount $1,852

    Tax Year 2025

    Property Sub-Type Duplex

  • Location

    Province ON

    County Leeds And Grenville

    Area Leeds And Grenville

  • Rooms

    Basement Partially Finished, Full

    Kitchen 2

  • Building

    Building Age 31-50

    Foundation Block

  • Interior

    Interior Features Other

    Cooling Wall Unit(s)

    Inclusions 2x Fridge, 2 x stove, 2 washer, 2 dryer, 2 x owned water tanks, storage structure in backyard (sold as is, could be removed).

  • Exterior

    Exterior Feature Deck

    Parking Features None

    Pool None

    View Pasture

    Roof Type Asphalt Shingle

    Total Parking Spaces 4

  • Others

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