27 Mountain Street, Grimsby ON L3M 3J9

Description

Rare opportunity to own 2,694 sq ft legal non-conforming duplex nestled in the heart of Grimsby along the Niagara Escarpment. Zoned TRM this property is perfect for residential investor or owner looking to occupy one apartment & receive a return on the rest of their investment. The Century Home was remodeled in 2019 and sits on a beautiful oversized lot with 4 parking spaces & garden shed for additional storage. The main floor apartment features two bedrooms, updated 4 pc bathroom with granite counters, new Kitchen with granite countertops, living room with wainscoting & fireplace, & hardwood floors & California shutters throughout. The upstairs apartment features two bedrooms, updated 4 pc bathroom with granite counters, a remodeled kitchen with granite counters, dining room, living room, vinyl plank flooring & California shutters throughout. There are two Boilers (one new in 2021), two Central Air units, two Hot Water Heaters (one new in 2022), two 100 amp breaker panels, laundry for each unit in the basement & each unit is separately metered. Unit #1 Main Floor is 2 beds/1 bath and is vacant: fair market rent $2,200.00-2,500/month + utilities. Unit #2 Upper Floor unit 2 beds/1 bath: fair market rent $2,200-2,500.00/month + utilities; Total Gross Rent/Year= $52,800-$60,000. Updates: 2019 – windows, doors, new appliances, eavestroughs, downspouts, 2022 – Paved Driveway, 2023 – New Roof, attic insulation and new soffits. Buyer to do their own due diligence.