163/165 Countess Street N

Presenting an exceptional opportunity to acquire a Multi-Family Home for sale in West Grey , located at 163/165 Countess Street N N, West Grey. This remarkable property is a brick duplex that stands proudly in the heart of the community, offering a lucrative income potential. With its 100+ years of history, this multiplex showcases a blend of classic charm and modern functionality, making it an ideal investment for both seasoned landlords and first-time buyers alike.

The property features two well-appointed units, each designed to provide comfort and convenience. Unit 165 boasts three spacious bedrooms and two full bathrooms, making it perfect for families or groups seeking ample living space. This unit is heated by an on-demand gas boiler, which was installed in 2023, ensuring efficiency and warmth during the colder months. Currently, it is rented at an attractive rate of £1,800 per month, providing a solid return on investment.

In contrast, Unit 163 is a bright and airy one-bedroom, one-bathroom space, featuring a furnace that was updated in 2018 and central air conditioning for those warmer days. This unit is currently generating £1,200 per month, making it a desirable option for tenants looking for a comfortable living arrangement. Both units are equipped with private laundry facilities, further enhancing their appeal. Tenants are responsible for their own gas and hydro, as well as lawn and snow care, which simplifies management and contributes to a strong cash flow.

Situated on a generous lot measuring 66 by 165 feet, this Multi-Family Home for sale in West Grey offers a large backyard that is perfect for outdoor activities or simply enjoying the fresh air. The property also benefits from front yard parking, accommodating up to four vehicles, which is a significant advantage in this area. Although there is no garage space available, the parking situation is more than adequate for residents and their guests.

The building is constructed with a combination of brick veneer and vinyl siding, ensuring durability and low maintenance. Inside, the property comprises a total of eight rooms, including two kitchens, which is a significant feature for a duplex of this nature. The unfinished basement provides additional storage options or potential for future development, depending on your vision for the property.

It is worth noting that this Multi-Family Home for sale in West Grey does not include a pool or fireplace, which may appeal to those seeking a straightforward investment without the additional upkeep of such features. The property is serviced by municipal water and sewer, ensuring reliable utilities for both units.

The location at 163/165 Countess Street N N, West Grey, places residents just a short walk away from the town's amenities, enhancing the attractiveness of this property for potential renters. The community of West Grey is known for its friendly atmosphere and accessibility, making it an ideal place for families and individuals alike.

In summary, this Multi-Family Home for sale in West Grey is a prime investment opportunity, featuring two well-maintained units with reliable tenants already in place. Whether you are looking to expand your property portfolio or seeking a way to offset your mortgage costs by living in one unit while renting out the other, this duplex is a must-see. Don’t miss your chance to own this remarkable property at 163/165 Countess Street N N, West Grey, and take advantage of the strong rental market in this vibrant community.

West Grey is a charming municipality nestled in Grey County, Ontario, characterised by its picturesque landscapes and a blend of rural and small-town charm. This community offers a serene environment with lush greenery, rolling hills, and a network of rivers and lakes, making it an ideal setting for outdoor enthusiasts. Residents enjoy a slower pace of life, with a strong sense of local identity and pride. The area boasts a variety of amenities, including quaint shops, community events, and recreational facilities, all while being conveniently located near larger urban centres. With its welcoming atmosphere and natural beauty, West Grey is a delightful place to call home.

Schools in the Neighbourhood

Nearby the property, you will find St. Peter & St. Paul’s School, located just 0.9 kilometers away at 190 John St, Durham. This institution is part of the Bruce-Grey Catholic District School Board and offers a Catholic education for students from Junior Kindergarten to Grade 8. The school provides instruction in English, catering to families seeking a faith-based educational environment for their children. Although the school rating is currently listed as 0, it's important to consider the school's community reputation and other qualitative factors when evaluating educational options. The proximity of this school makes it a convenient choice for families with young children, allowing for easy access to quality education within a short distance from home. Overall, St. Peter & St. Paul’s School represents a viable option for families looking for a nurturing and supportive educational setting in the Durham area.