344 Fares St

This up/down duplex will be the perfect addition to your investment portfolio. Situated on a spacious 66' x 132' foot lot this duplex is walking distance to Main Street Businesses, Restaurants, and Shopping, Lock 8 Park, and the Canal. Separate gas and hydro meters. Main level features a bright and spacious 69 m2 / 750 sq ft 2 bedroom unit. Upper level features 42 m2 / 455 sq ft 1 bedroom unit with ample natural light and natural gas fireplace.

Are you a first time home buyer looking for a property that comes with a tenant to support with the bills? The main floor of this duplex will be vacant March 1 & ready for you! The upper tenant is an excellent long standing tenant looking to stay. If you're an investor looking to add to your portfolio, you can chose your own tenant for the main floor. This property has received tons of updates since 2017 including the red board & batten siding, fascia, eaves, decks, both furnaces, electrical, kitchens, painting, flooring, trim, proper fire separated ceiling, bathroom vanities and more! This duplex has 2 separate gas & hydro meters (tenants pay) and ample parking behind the building. There is a mutual drive to enter the property. The main floor is an oversized open concept 2 bedroom, 1 bathroom (4pc) unit with tall ceilings and private access to back deck (previous rent $1,575 + gas/hydro). The upper unit is an open concept 1 bedroom, 1 bathroom (3pc) with a rooftop private deck (Current rent: $1260.75 + gas/hydro). This is a turnkey investment ready for a new landlord. Current annual income: $34,029! Set your new rent for main floor unit and you're off to the races. Please see attached income, expense and disclosures. Note: Photos from prior tenancies & the little brown bungalow is not attached - 610 King is a separate property entirely.