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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 575,000

Est. payment | -/mo

4 Beds

5 Baths

Save

$ 575,000

Est. payment | -/mo

Save

4 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Elzevir (Twp)

MLS Listing ID X12970200

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $1,600

Tax Year 2026

Property Sub-Type Duplex

Property Description

Recently renovated legal duplex set on a private 1.5-acre lot, located on a quiet cul-de-sac between Tweed and Madoc, just minutes to Highway 7. The property features two self-contained 2-bedroom units, fully updated with new kitchens, furnaces, electrical, plumbing, insulation, and drywall-all completed with permits (available upon request). Major upgrades include a metal roof, doors and windows (2023), furnace and hot water tank (2023), and a newly drilled well. Both units are currently tenanted, providing immediate income. Each unit offers separate furnaces, in-unit laundry, and proper fire separation. The property is also pre-wired for hydro separation, requiring only service connection to individual panels-creating strong potential for increased cash flow. Unit 1 features a walk-out basement with upper living space, while Unit 2 offers a bright open-concept layout. Lower levels on both sides present in-law suite potential, offering the possibility for additional units (buyer to verify). Previously operated as a restaurant, the property benefits from 600 amp service and a higher-capacity septic system, supporting future expansion potential. Turnkey investment with stable income today and clear upside for increased returns, or ideal for multigenerational living.

Location

Province ON

County Hastings

Area Hastings

Rooms

Family Room No

Basement Partially Finished, Walk-Out, Separate Entrance, Development Potential

Kitchen 2

Interior

Interior Features Carpet Free, In-Law Capability, On Demand Water Heater, Rough-In Bath, Sump Pump, Water Heater Owned, Water Softener, Floor Drain

Cooling Central Air

Fireplace No

Heat Source Propane

Exterior

Pool None

Roof Type Metal

Lot Frontage 183.0

Lot Depth 420.0

Total Parking Spaces 4

Building

Unit Features Cul de Sac/Dead End,School Bus Route

Foundation Concrete Block

Others

ParcelsYN No

Listed by EXP REALTY

Nearby Locations

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+1(416) 998-5478

ruth@rpdrealestate.com

23B Mother's RD Tweed, ON K0K 3J0

Ruth Pedrosa

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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23B Mother's RD