Perfect First Home With Built-In Income Potential Looking for a smart way to get into the market? This legal, low-maintenance duplex is an ideal opportunity for first-time buyers who want flexibility, comfort, and help with the monthly costs. Built in 1989 and thoughtfully updated with over $70,000 in cosmetic upgrades, this home offers two self-contained units-perfect for living in one while earning income from the other. The upper unit, renovated in 2021 and currently tenanted, features a bright and spacious 3-bedroom, 1-bath layout with over 1,000 sq. ft. of living space, a large kitchen with breakfast area, and in-suite laundry. The lower unit, renovated in Summer of 2025, offers a comfortable 2-bedroom, 1-bath layout (approx. 870 sq. ft. ) with its own kitchen, breakfast area, and in-suite laundry, and is currently tenanted, providing immediate rental income to help offset your mortgage. Each unit has its own private driveway, offering added privacy and convenience. Located just minutes from the waterfront and downtown strip, close to everyday amenities, and only a 15-minute drive to Balm Beach, this home combines lifestyle and long-term value. Whether you choose to live upstairs and rent the lower unit, or explore short- or long-term rental options in the future, this property gives you options-something every first-time buyer can appreciate. Move-in ready and income-smart. Extras: Separately metered units, central air and furnace, propane heating, exterior wired security cameras, deck, and future potential to add a garden suite for additional income.
TREB #S12355179
Jan 1, 2026
Delisted
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Aug 20, 2025
Listed
$699,000
+38
Perfect Starter Home with Rental Income! This low-maintenance legal duplex, built in 1989, is ideal for first-time buyers looking to live and earn. With over $70,000 in cosmetic upgrades, its move-in ready and designed to offset your living costs with rental income. The upper unit, fully renovated in 2021 and currently vacant, features 3 bright bedrooms, 1 bath, over 1,000 sq. ft. of living space, a large kitchen with breakfast area, in-suite laundry, and central air perfect for your own home. The lower unit, recently updated in July 2025 (approx. 870 sq. ft. ), offers 2 bedrooms, 1 bath, a generous kitchen with breakfast area, in-suite laundry, and central heating, and is currently rented, providing instant income. Both units enjoy private driveways, separately metered utilities, and exterior wired security cameras. Outdoors, there's a deck and potential space to add a garden suite for extra revenue. Located close to the waterfront and downtown strip, all essential amenities are just minutes away, and Balm Beach is only a 15-minute drive. Whether you choose to rent both units or live upstairs while renting the lower unit, this duplex offers flexibility, income potential, and a great opportunity for first-time buyers to step into homeownership with confidence.
TREB #S9346744
Jan 6, 2025
Delisted
—
Nov 1, 2024
Listed
$749,000
Nov 1, 2024
Delisted
—
Sep 12, 2024
Listed
$749,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
Region
Simcoe County
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Last updated by owner on Aug 9, 2023.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Simcoe County
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.3km
Sacred Heart School
Public, JK-8 • Assigned
1.8km
St Theresa's Separate School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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