Property Description for 26 EAST STREET
Welcome to 26 East Street, a unique duplex-style property that offers the perfect blend of beach town living, investment potential, and the convenience of living in the waterside village of Wellington. With the added benefit of a Short-Term Accommodation license, this property allow for flexible use whether you're looking for a prime rental investment or a multi-functional living space. Ideally situated, you'll be within walking distance to restaurants, local shops, farmers markets, and a wide array of amenities. Steps from Lake Ontario with a wrap around porch, this home has it all. The main unit of this property is bright and warm, courtesy of two sun rooms on the main level. This well-maintained home showcases a spacious layout for all to enjoy, and features a bright living room with a water views. This inviting and bright kitchen offers ample counter space, well-maintained appliances, and a functional layout that makes cooking a joy. On the second level, you'll find a cozy loft area with bedroom and a second washroom. The loft offers a view of the lake, creating the perfect space to re-energize and to enjoy the natural beauty of the area. The second unit of the property is a self-contained studio with an open-concept design that blends modern charm and simplicity. The layout, with a cathedral ceiling maximizes every inch of space, offering a comfortable living area that is both beautiful and practical. Featuring a kitchen, a cozy sleeping area, and a stylish bathroom, this unit is perfect for a range of uses from a guest suite for family and friends to a rental unit or even an office space for your business. This space blends form with function. The zoning designation allows for a variety of residential and commercial uses. Whether you're looking to run a short-term rental business or simply want the flexibility of renting out part of the property when not in use, this property can generate income from both units, making this a prime income-generating property. (id:38686)
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Property Details
Property Tax
: $3,734 (2024)MLS® #
: X12341510
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: ["Forced air", "Natural gas"]Fireplace
: YesBasement
: ["Unfinished", "N/A"]
Utilities
Sewer
: ["Sanitary sewer"]
Other
Parking Features
: ["No Garage"]Exterior Features
: ["Vinyl siding"]
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