2 Beds 6 Bath

16040 Simcoe Street, Scugog, ON L9L 1S7

Scugog L9L 1S7 Ontario

MLS: E12874370

$1,137,000

Added 15 days ago | For Sale

Listed by: ROYAL LEPAGE FRANK REAL ESTATE

About Property

Turnkey Investment Opportunity in Beautiful Port Perry - Not Subject to Rent Control! Purpose-built bungalow with legal accessory apartment generating strong, reliable income with A+ tenants in place. An exceptional opportunity for investors seeking immediate cash flow with future upside potential. Featuring two fully self-contained units, each thoughtfully designed with modern finishes and functional layouts. Both units offer 2 bedrooms with private ensuites, contemporary kitchens with quartz countertops, stainless steel appliances, and stylish finishes, along with separate entrances, private laundry, and individual garages. Built with investor efficiency in mind, the property includes separate utility metering, reducing operational complexity and maximizing returns. Additional highlights include 9' ceilings, luxury vinyl plank flooring, gas fireplace, modern lighting, and parking for up to 3 vehicles per unit. Strong income profile: $68,340/year. Located in the highly desirable waterfront community of Port Perry, just minutes to Lake Scugog, marina, shops, and amenities, ensuring continued tenant demand and long-term appreciation. A rare opportunity to acquire a low-maintenance, income-generating asset in one of Durham Region's most desirable waterfront communities.

Features

  • House Style:Detached
  • Bathrooms:6
  • Land Size: 49.23 X 111.95
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Simcoe St & Reach St
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:Flexible
  • Annual Property taxes: $7560.65
  • Bedrooms:2 +2
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:E12874370

Level Type Features Dimensions
Main Kitchen Quartz Counter, Centre Island, Stainless Steel Appl 13 ft, 7 in x 11 ft
Breakfast W/O To Deck, Pot Lights, Overlooks Family 10 ft x 11 ft
Great Room Coffered Ceiling(s), Gas Fireplace, Open Concept 21 ft, 7 in x 13 ft, 7 in
Primary Bedroom 3 Pc Ensuite, Walk-In Closet(s), Vinyl Floor 16 ft, 7 in x 14 ft
Bedroom 2 Double Closet, 4 Pc Ensuite, Vinyl Floor 12 ft x 12 ft
Laundry 0 ft x 0 ft
Lower Great Room Open Concept, Pot Lights, Vinyl Floor 21 ft x 13 ft, 7 in
Breakfast Open Concept, Above Grade Window, Vinyl Floor 10 ft x 12 ft, 7 in
Kitchen Pot Lights, Centre Island, Vinyl Floor 12 ft x 12 ft, 7 in
Primary Bedroom 3 Pc Ensuite, Double Closet, Vinyl Floor 17 ft x 12 ft, 7 in
Bedroom 2 3 Pc Ensuite, Vinyl Floor, Double Closet 14 ft, 7 in x 12 ft, 7 in
Laundry 0 ft x 0 ft

No property rooms available.

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