1366 George Street B1P 1N2 Street, Sydney

Description

Welcome to 1366 George Street, Sydney — a well-maintained, one-level duplex offering an excellent opportunity to add a turnkey income property to your portfolio. Built in 2008 on a slab, the property features two spacious 2-bedroom, 1-bathroom units, both currently tenant occupied. Each unit offers comfortable one-level living with its own in-floor heating system and separate 200-amp electrical panel. The units are divided by a concrete firewall, providing added separation, privacy, and sound reduction between tenants. Both units also feature ample closet space, an exterior-access utility room providing additional storage, and a private rear deck for relaxing outdoors. Each unit has its own driveway with parking for multiple vehicles. Adding to the outdoor living space is the expansive covered veranda, providing a sheltered place to sit outside and enjoy your morning coffee while staying protected from the elements. Accessibility was also considered in the design, with 36-inch front and rear entry doors, along with 36-inch doors to the primary bedroom and bathroom in each unit. Location is a major advantage. The property is within walking distance of the Cape Breton Regional Hospital, making it particularly convenient for healthcare professionals, and is situated along a main public transit route. Downtown Sydney and the NSCC Sydney Waterfront Campus are only minutes away, while Cape Breton University and its developing medical campus are a short drive from the property. Situated on an expansive lot, the property may also offer potential for future development, subject to municipal approvals and applicable zoning requirements. This property is not only an attractive option for investors, but could also be a great fit for someone looking to downsize to convenient one-level living while generating rental income from the second unit. Live in one side and let the neighbouring unit help offset your monthly expenses.