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$599,000
Available - For Sale
Listing ID: X11948396
Turnkey Legal Duplex Ideal for Homeowners & Investors! Welcome to 11 Concession Road, Frankford, a fully updated legal duplex offering the perfect blend of comfort, modern updates, and income potential! Whether youre a homeowner looking to offset your mortgage or an investor seeking a move-in ready rental, this property is a smart financial decision. Main Unit: Modern & Spacious Living: Step into this charming brick bungalow featuring three spacious bedrooms and a beautifully renovated 4-piece bathroom. The freshly updated kitchen (2024) boasts quartz countertops, a stylish backsplash, a single sink, and a modern faucet, making it the perfect space for cooking and entertaining. New vinyl flooring, baseboards, and fresh paint throughout (2024) give the home a bright, contemporary feel. The large bay window in the dining area floods the space with natural light, offering a picturesque backyard view. Lower Unit: Mortgage Helper or Investment Opportunity:The separate lower-level unit is a self-contained living space, complete with its own kitchen, living room, dining area, and private bedroom. Featuring new interior doors (2023), a modernized bathroom, and a new fridge, this unit is tenant-ready, generating $1,537.50/month in rental income (tenant pays 40% of hydro). Location & Lifestyle: Situated on a quiet street, this home is just a short walk to the beach and river access, perfect for those who love nature and outdoor activities. You'll also find restaurants, a hardware store, a library, a post office, and a supermarket all within walking distance.This is an exceptional opportunity for both homeowners and investors alike. With a legal duplex status and rental income to assist with financing, 11 Concession Road is a financially sound and lifestyle-enhancing investment. List of updates available.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $39,995 $79,990 $119,985 $159,980
First Mortgage $759,905 $719,910 $679,915 $639,920
CMHC/GE $20,897.39 $14,398.2 $11,898.51 $0
Total Financing $780,802.39 $734,308.2 $691,813.51 $639,920
Monthly P&I $3,344.12 $3,144.99 $2,962.98 $2,740.73
Expenses $0 $0 $0 $0
Total Payment $3,344.12 $3,144.99 $2,962.98 $2,740.73
Income Required $125,404.35 $117,936.94 $111,111.89 $102,777.29

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

11 Concession Rd , Quinte West, K0K 2C0, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Hastings
Municipality: Quinte West
Neighbourhood:
Style: Bungalow
Lot Size: 58.72 x 95.75(Feet)
Approximate Age:
Tax: $2,847
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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