Description

A rare and compelling investment opportunity awaits the discerning buyer seeking to meaningfully expand their portfolio on a single, strategically positioned site. This legal non-conforming semi-detached duplex, offers an impressive 75' x 190' parcel in the heart of the mature and sought-after Teachers College Area - steps from transit, schools, the hospital, and an abundance of trails, green spaces, and everyday amenities. The duplex presents two well-appointed three-bedroom units - one offering 1.5 bathrooms, the other a full bath - both currently occupied by tenants in good standing, providing immediate and reliable income from day one. These residences also provide an ideal opportunity with the growing desire for multi-generational living. Thoughtful capital improvements throughout include enhanced insulation, updated HVAC systems and a heat pump, as well as two independent 200-amp hydro services with upgraded panels, ensuring efficiency and peace of mind for years to come. The generous lot depth unlocks further development potential, with the ability to add auxiliary dwelling units on-site. A rear laneway off Chemong Road provides convenient secondary access and the possibility of added parking at the back of the property for additional auxiliary dwellings. Opportunities of this scale, with this breadth of income, density, and future development potential assembled on one parcel, are genuinely rare - and this one is not to be missed.

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