About Property

This versatile, multi-purpose property just north of Stirling sits on a 0.85-acre rectangular lot with R2 zoning, allowing for a secondary residence, home-based businesses, or home industries. The raised bungalow, built in 1995, offers two self-contained living spaces, each with separate entrances, kitchens, and three bedrooms. Both units are currently rented on a month-to-month basis, with long-term tenants residing for nearly two years. Unit A (upper unit) is a bright, spacious 3-bedroom, 2-bath home featuring hardwood floors, vaulted ceilings, and floor-to-ceiling windows in the living room. Patio doors in both the living room and primary bedroom lead to a deck. The eat-in kitchen has oak cabinets, tile flooring, and a pantry. The primary bedroom includes a private 3-piece ensuite and double closets. Tenant pays $2,000/month + internet, with the landlord covering gas, hydro, and HWT rental. Unit B (lower unit) is a newly finished (2023) 3-bedroom, 1-bath space with an open-concept kitchen, dining, and living area. It features vinyl plank flooring, multiple storage areas, and a 4-piece bath. Tenant pays $1,200/month all-inclusive. The property generates over $43,000 in gross rental income, including a rented detached double-car garage ($400/month). An additional 20' x 10' garage/shed is available for owners use. The gravel driveway offers parking for 10+ vehicles with room for trailers or equipment. Constructed with maintenance-free vinyl siding, the home is serviced by a well and septic system, eliminating water/sewer charges. A high-efficiency gas furnace and central A/C ensure year-round comfort. The common front entrance provides separate access to both units, and a front deck with a ramp adds convenience. Financial details and zoning provisions are available through the listing brokerage.

Features