Fantastic investment opportunity! This well-maintained 11-year-old property features four self-contained 2 bedroom rental units, all currently fully occupied with reliable tenants. Offering a solid return and steady income stream, this building is ideal for both seasoned investors and those looking to expand their portfolio. Each unit is designed for low-maintenance living with modern finishes and efficient layouts. Situated in a desirable area close to amenities, schools, and Bruce Power, this property shows pride of ownership and strong rental appeal. A rare turnkey opportunity-secure your investment in a proven income-producing property today!
Address
20 Stanley Street
List Price
$1,199,900
MLS® Status
New
Expiration Date
2026-02-28
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
Bungalow
Transaction Type
Sale
Area
Kincardine
Region
Bruce
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
4
Bathrooms
1
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
165.24
Lot Size Units
Feet
Lot Width
79.2
Parcel Number
332870370
Occupant Type
Tenant
Cross Street
King St
MLS® Number
X12485908
Listing Brokerage
RE/MAX Land Exchange Ltd.
Basement Area
None
Postal Code
N0G 2T0
Parking Places (Total)
4
Parking Spaces
1
Tax Amount
$6,202.00
Tax Year
2024
Interior Features
ERV/HRV
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Source
Electric
Heat Type
Heat Pump
Cooling Features
Wall Unit(s)
Construction Materials
Stone
Direction Faces
South
Fireplace
No
Foundation Details
Slab
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 9 BLK C PL 104 & PT LT 8 BLK C PL 104, PTS 3 & 4 3R9426 TOGETHER WITH AN EASEMENT OVER PT LT 8 BLK C PL 104, PT 2 3R9426 AS IN BR71682 SUBJECT TO AN EASEMENT OVER PT LT 8 BLK C PL 104, PT 3 3R9426 IN FAVOUR OF LT 7 & PT LT 8 BLK C PL 104, PTS 1 & 2 3R9426 AS IN BR71682 MUNICIPALITY OF KINCARDINE
Waterfront
No
Sewer
Sewer