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40 & 42-40 Main Street

$489,900

For Sale

MLS # X12190262

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Property Type

Residential Freehold

Bedrooms

6

Bathrooms

2

Square Footage

2500-3000

Building Age

100+ years

Time on Market

61 Days

Description

Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.

Property Summary

Building Type

Duplex

Land Size

150 x 117.19 feet

Storeys

2-Storey

Property Tax - 2024

$2230

Address

Address

40 & 42-40 Main Street

City

North Stormont

Postal Code

K0C 0B2

Province

Ontario

Community Name

709 - Finch

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

  • Total Bedrooms - 6
    • Above grade - 6
  • Total Bathrooms - 2

Interior

  • Features - Accessory Apartment
  • Basement - Partial Basement, Unfinished

Exterior

  • Features - Deck
  • Construction - Brick, Vinyl Siding
  • Roof - Metal

Heating & Cooling

  • Heat Type - Forced Air
  • Heat Source - Gas
  • Cooling Source - None

Utilities

  • Water Service - Municipal
  • Sewer Service - Sewer

Rooms Overview

Room Floor Dimensions Features
No room data available for this listing

Land Overview

Lot Dimensions

150 x 117.19 Feet

Property Features

Library, Park, Rec./Commun.Centre, School Bus Route

Shoreline

Penny Rudderham

Salesperson

613-930-3377

EXP REALTY

Brokerage

424 CATHERINE ST UNIT 200

OTTAWA, ON, K1R5T8

866-530-7737

Questions?

Interested in scheduling a viewing? Or just have some questions about the listing? Let us know!

Disclaimer

Listing data is copyrighted by the Toronto Regional Real Estate Board. It is intended solely for consumers with a genuine interest in the purchase, sale, or lease of real estate and may not be used for any commercial or unrelated purposes. While the information is believed to be reliable, accuracy is not guaranteed by Toronto Regional Real Estate Board or Brick & Noble. No representations or warranties, express or implied, are made by Brick & Noble or its affiliates as to the accuracy or completeness of the information shown. Data is deemed reliable but not guaranteed and should be independently verified.