Property Description for 1231 Spadina STREET
The Investor’s Dream – Legal 2-Suite Turn-Key Property! Discover the perfect blend of investment potential and peace of mind with this permitted legal 2-suite property! Fully compliant and thoughtfully designed, each suite has its own private entrance, ensuring privacy for tenants and smooth operations for owners. This property offers a rare chance to secure a stable revenue stream in a turn-key package — already home to an excellent long-term tenant who treats the space like their own. The main floor unit offers 2 bedrooms, in-suite laundry, an open-concept floor plan, and direct access to the private covered back deck — the perfect spot to enjoy the serene, unobstructed view of rolling farmland that tenants love and investors appreciate. The lower suite features 1 large bedroom, a bright open-concept layout, sound-deadening insulation throughout the living space ceiling for enhanced comfort and privacy, and large windows that flood the space with natural light! Low-maintenance exterior and landscaped yard mean you can spend more time enjoying the returns and less time worrying about upkeep. The property also offers off-street parking for multiple vehicles, an additional gated parking area with alley access -perfect for an RV or trailer storage, excellent secure storage space under the deck, and a convenient storage shed. Numerous features and updates provide extra value and peace of mind, including a high-efficiency furnace, central air conditioning, virtually all windows replaced, updated hot water heater, updated shingles, and updated vinyl fencing on 2 sides. Inside, both suites have benefited from modern upgrades, making them stylish, comfortable, and highly attractive to renters. The property has been maintained and managed to the highest standard, ensuring everything is in excellent condition. Whether you want to add to your portfolio or start building one, you’ll love the ease, compliance, and profitability this property delivers! (id:38686)
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Property Details
Property Tax
: $2,331 (2025)MLS® #
: SK015795
Home Features
Property Type
: Single FamilySquare Footage
: 768 SQFT
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Full
Exterior Features
Acreage
: 0.12
Other
Parking Features
: None, Parking Space(s), RV
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