Description
High-upside duplex with strong income potential—ideal for investors or first-time buyers looking to house-hack and build equity. Located in a convenient, transit-friendly area with solid rental demand, this property offers immediateincome and clear value-add opportunities.The upper unit (3rd floor) is a self-contained 2-bed, 1-bath, currently rented for $1,200/month (tenantpays utilities). The main and second levels feature a spacious 6-bed, 2-bath layout ready for updates,with excellent potential to reconfigure into two units and significantly increase rental income.The lower level requires improvements but supports a projected total rental income of Approx.$3,900/month across two units—or live in one and rent the others for strong mortgage offset.Key features include a newer roof (2 years), walk-out basement, multiple entrances, municipal services,and parking—ideal for multi-unit conversion. A clear value-add opportunity with proven income history and strong upside in both cash flow and equity.
Listing Details
859 Victoria Road, Sydney, B1N 1J9
ACTIVE
$125,000
202608521
n/a
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15138092
Municipal
Municipal
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Building Specifications
Concrete
Asphalt Shingle
Aluminium Siding
Laminate,Vinyl