Located in a mature Georgetown neighborhood, this legal duplex delivers impressive income potential and long-term growth prospects. Offering 10 bedrooms above grade and more than 2,000 square feet of living space, this property is ideal for investors seeking strong cash flow and multiple rental conf...igurations. Can also be used for extended family! Positioned near the heart of town, it is just an eight-minute drive to the Georgetown train station and a 10-minute walk to shops, and amenities-making it highly attractive to prospective tenants. The property currently produces a positive ROI with stable, long-term tenants who are willing to remain, ensuring immediate returns. Additionally, the spacious Layout provides an opportunity to enhance rental income through renovations or by accommodating larger tenant groups. The basement adds approximately 560 square feet of partially finished space, including two additional washrooms requiring final completion-offering further potential to increase unit value and rental rates. Upgrades include shingles(2017), vinyl windows less than 15 years old, and laminate flooring on the second floor (2014) and main floor (2015). Licensed as a boarding and lodging establishment since 1991, this property also benefits from a driveway updated in 2013 with furnace and A/C updated 2023. With strong financials, ongoing tenant demand, and multiple value-add opportunities, this duplex stands out as a rare high-yield investment in one of Georgetown's most established areas.
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Full Property Details
Interior
Bedrooms
10
Bedrooms Plus
1
Total Bedrooms
11
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Separate Entrance,Partially Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
2
Kitchens Plus
1
Total Kitchens
3
Fireplace Features
No
Bedrooms
10
Bedrooms Plus
1
Total Bedrooms
11
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Separate Entrance,Partially Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
2
Kitchens Plus
1
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
113.0
Front
50.0
Driveway
Private
Lot Size
50 x 113.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Built-In
Garage Spaces
1
Depth
113.0
Front
50.0
Driveway
Private
Lot Size
50 x 113.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
Built-In
Garage Spaces
1
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Aluminum Siding,Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Aluminum Siding,Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Georgetown
Community
Georgetown
Taxes & Fees
Taxes
$4,815.71 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$4,815.71 /yr
Tax Year
2025
Occupancy
Tenant
Darren Williams
Est. mortgage
$6,623/mo
Property Taxes
$4,815.71/yr
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