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57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street 57-59 57-59 Dufferin Street

57-59 Dufferin Street, Lunenburg

Price: $ 395000

Description

MORTGAGE FREE!  Sounds pretty good, eh?  But it also sounds like something far into the future for the typical homeowner.  Well, how about MORTGAGE OFFSET?  AKA, the property that pays for itself.  This is a character-rich triplex, divvied up in 50-25-25% proportions.  The could-be owner side features bright softwood floors throughout, a handsome three-tier stairwell, with four spacious bedrooms (2 on each of the 2nd and 3rd levels), full baths on the 1st and 2nd levels, plus maid’s quarters up a separate backstairs off the kitchen.  No maid?...No problem!  This room could be the perfect office or crafts room or children’s self-contained playroom.  The other half of the building features a pair of top-quality rental apartments, 2-bedrooms each, accessed independently, with many of the same character features of the “home-half”.  Tenants pay their own heat and electric, and there is a common washer/dryer facility.  The whole place was thoroughly upgraded in 2001 (roof, insulation, wiring, cladding, etc.).  Nice residential neighborhood setting, plenty of off-street parking, and walking distance to all the shops and restaurants, school and recreational facilities.  Really, you don’t have to be crushed by mortgage payments or be cramped by all-we-can-afford dinky living quarters.  This is the class and cash alternative form of home ownership.

Property Type:

  • Single Family
  • Triplex
HST:No
MLS® #:201615581
PID:60055522
Bedrooms:8+
Bath:4
Total Number of Units:3
Finished Space:4966 Sq.Ft.
Lot Size:8,100 sq ft

Property Details

District405-Lunenburg County
Style B
  • 3 Level
Number of stories3
Building agec. 1879
Exterior
  • Wood
Foundation
  • Undeveloped
  • Partial
  • Stone
Roof
  • Asphalt Shingle
Access/view
  • Access: Year Round Road
Services
  • Electricity
  • Telephone
  • Cable
  • High Speed Internet
Flooring
  • Carpet
  • Cushion/Lino
  • Softwood
Heating
  • Electric
  • Oil
  • Baseboard
  • Forced Air
Land features
  • Landscaped
Parkinglarge gravel parking area for tenants & guests
Water
  • Municipal
Sewer
  • Municipal
ZoningRES
Title to landFreehold
Assessed value$362,000
Assessment year2016

Multi-Units

Five Bedroom1
Two Bedroom2

Documents

Survey PlanDownload

Inclusions

Inclusions
all major kitchen appliances in each unit, plus shared washer/dryer
Stoves Included3
Dishwashers Included3
Fridges Included3
Microwaves Included3
Washers Included1
Dryers Included1

Measurements

Building dimensions42.8 x 30.8 + 28.6 x 15.10 + 12 x 11.6
FloorRoomSize
TOWNHOUSE
MainLiving Room14 x 13.9
MainDining Room14 x 13.6
MainKitchen13.4 x 12
MainBath (3-pc)6 x 5
2ndBedroom14 x 13.3
2ndBedroom14 x 13.10
2ndDen/Office/Bedroom13 x 12
2ndBath (4-pc)8 x 6
3rdBedroom13.10 x 13
3rdBedroom13.9 x 13.6
3rdStorage6.9 x 6
LOWER FLAT
MainLiving Room14.4 x 14
MainKitchen12 x 11.10
MainBath (4-pc)6 x 5
MainBedroom14.8 x 14.1
2ndBedroom12 x 11.9
UPPER FLAT
2ndLiving Room14 x 13.7
2ndKitchen14 x 13.5
2ndBath (4-pc)8 x 6
3rdBedroom13.7 x 13
3rdBedroom13.8 x 13.6
3rdStorage6 x 6.6

Estimate Income

Rental income$2,350/mo
Approximate total income$28,200/yr

Estimated Expenses

Property tax$4,756Per Year
Water and sewer cost$963.88 (water) & $1005.00 (sewer)Per Year

Who pays

HeatingTenant
ElectricTenant

Schools

*All information provided is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind."

Directions

Town of Lunenburg: at the corner of Dufferin and McKenzie Streets.  Look for the Red Door Realty sign!

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