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MLS® X12095510

  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Duplex
Levels Residential
Size -
Garage No
Taxes $3,419
Lot Size 
Approx. Age 
MLS® Number X12095510

Property Address: 103-105 Main St S, Exeter, ON, N0M1S1

Average square foot calculated using Size range provided by listing agent.

Description

Incredible Investment or Live-In Opportunity!Dont miss this rare chance to own an extensively updated, purpose-built solid brick DUPLEX in the heart of Exeter, Ontario, a growing community just 20 minutes to Grand Bend and 30 minutes to London. Ideally located on Main Street, this property offers excellent exposure, multiple income streams, and flexibility for residential or potential commercial use.Set on a 52x130 ft lot, this well-maintained property features two spacious 2-bedroom units, each with private front and rear entrances, in-suite laundry, and thoughtfully updated interiors. Recent renovations include all new windows, updated soffit/fascia, a fire alarm system upgraded to meet fire and sound separation codes, and modern vinyl plank flooring. Both units offer renovated bathrooms, updated baseboard heaters, and energy-efficient ductless mini-split systems for heating and cooling. Additional updates include attic insulation, professional maintenance free landscaping, an expansive concrete patio, and a 10x20 storage shed with a split interior, great for tenant storage or owner use. The interlock brick driveway accommodates up to 5 vehicles with ease.All appliances are owned and included, making this a true turnkey property. The lower unit is currently rented at $1, 630/month to a long-term, reliable tenant. The upper unit is vacant, offering an ideal opportunity for owner occupancy or a market rent of $2, 100/month. Theres also potential for additional rental income by taking advantage the property's high-traffic location and the custom stone yard sign.With the potential for great Cap Rate, this is an ideal investment for savvy buyers looking to grow their portfolio, generate steady rental income, or offset their mortgage while living in one unit. Whether you choose to live in one and rent the other, rent both, or explore a commercial use - this property offers outstanding value and versatility Floor Plans, Full List of Upgrades & Operating Expenses Available.Show Description
MLS® NumberX12095510
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Bedroom 2:Upper Level11.39 × 11.29 ft

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Starting Address
Destination Address
103-105 Main St S, Exeter, ON

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