5 Tiffany Street, Ridgetown ON

About 5 Tiffany Street

Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately ¼-acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike. The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that s rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you re expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity—live in one unit while the rental income from the other helps offset your mortgage and monthly expenses. Don t miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth. (id:56071). Get more information on 5 Tiffany Street

Property Features

Rental Equipment:  
Zoning Description:  R3
Lot (Approximate):  X / 0.252 AC|0.25- 0.50 acre X / 0.252 AC
Exterior Finish:  Aluminum/Vinyl
Flooring:  Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age (Approximate): 
Foundation: Concrete
Basement:  

Rooms & Sizes

(Approximate)

4pc Bathroom Second level 6 ft ,3 in x 5 ft ,9 in	Bedroom Second level 14 ft ,8 in x 8 ft ,5 in	Bedroom Second level 11 ft ,7 in x 9 ft ,8 in
Bedroom Second level 10 ft ,8 in x 7 ft ,10 in	Bedroom Basement 13 ft ,5 in x 9 ft ,9 in	Utility room Basement 8 ft x 7 ft ,6 in
Recreation room Basement 9 ft ,6 in x 7 ft	Bedroom Main level 13 ft ,5 in x 10 ft ,2 in	Bedroom Main level 11 ft ,4 in x 10 ft
Living room Main level 11 ft ,3 in x 11 ft ,2 in	Kitchen Main level 11 ft ,5 in x 11 ft ,1 in	4pc Bathroom Main level 9 ft ,10 in x 8 ft ,8 in
Laundry room Main level 13 ft ,7 in x 4 ft	Laundry room Main level 10 ft ,6 in x 6 ft ,4 in	Living room/Dining room Main level 13 ft x 11 ft ,10 in