Property Information:

TWO UNITS, one title, proven income, zero guesswork. A rare opportunity to own a fully restored, income producing duplex under one title in the heart of Grimsby. This is not a conversion, not a compromise, and not a tired rental, this is a turn key investment that's already doing the work for you. Currently operating as a profitable short-term rental, both self contained units are thoughtfully updated, beautifully finished, and designed to attract premium short-term guests. Whether you're an investor seeking immediate cash flow, looking to build a passive income portfolio, or a buyer looking to live in one unit and rent the other, this property delivers flexibility and performance. This home makes a statement. The heritage exterior has been carefully restored with attention to it's historic character. Inside both units feature updated kitchens, baths, appliances, modern lighting, fresh finishes, café wood shutters on the main, along with new window covers and smart storage solutions. Unit 10 offers added functionality with custom built ins, pantry storage, and a thoughtful design details that elevate the overall living experience for both owners and guests. A detached garage with new 110 amp electrical panel, lighting and opener, enhanced driveway, secure fencing for extra privacy to complete the package. This is the kind of property investors wait for and the kind that rarely hits the market. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Type: Crawl space
Exterior Finish: Brick
Floor Space: 2000 - 2500 sqft
Foundation Type: Block, Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Water meter, Dishwasher, Dryer, Microwave, Oven, Range, Two stoves

Property Features:

Property Type: Multi-family
Bedrooms: 4
Bathrooms: 4
Half Bathrooms: 2
Amenities Nearby: Park, Hospital
Features: Conservation/green belt, Lane, Carpet Free
Fence Type: Fenced yard
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 128 Feet
Lot Frontage: 40 Feet
Lot Size: 40 x 128 FT ; 40.13ft x 128.64ft x 37.04ft x 129.66ft
Structure Type: Patio(s), Porch
Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
Zoning: C3
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 4

Rooms:

Bathroom 2nd Level Measurements not available
Bedroom 2nd Level 3.61 m x 3.64 m
Bedroom 2nd Level 3.61 m x 2.91 m
Bathroom 2nd Level Measurements not available
Bedroom 2nd Level 3.70 m x 3.57 m
Bedroom 2nd Level 3.70 m x 2.88 m
Living Main Level 3.75 m x 4.60 m
Dining Main Level 2.71 m x 3.37 m
Bathroom Main Level Measurements not available
Den Main Level 2.83 m x 2.41 m
Kitchen Main Level 3.10 m x 3.22 m
Dining Main Level 2.68 m x 3.24 m
Bathroom Main Level Measurements not available
Den Main Level 2.76 m x 2.74 m
Living Main Level 3.54 m x 3.53 m
Kitchen Main Level 2.88 m x 3.23 m

Convert Measurement to:

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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Demographic Information of 8-10 ONTARIO STREET, Grimsby, Ontario, L3M 3G9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$112,529.42

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.52 %

High school certificate or equivalent

32.0 %

Apprenticeship trade certificate/diploma

3.85 %

College/non-university certificate

25.6 %

University certificate (below bachelor)

0.2 %

University Degree

16.83 %

Commuter

Travel To Work

By Car

92.58 %

By Public Transit

0.06 %

By Walking

3.94 %

By Bicycle

0.0 %

By Other Methods

3.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.87 %

Houses

59.13 %

8-10 ONTARIO STREET, Grimsby, Ontario, L3M 3G9