About Property

This versatile, multi-purpose property just north of Stirling sits on a 0.85-acre rectangular lot with R2 zoning, allowing for a secondary residence, home-based businesses, or home industries. Tax assessment is currently a combination of residential and commercial tax rates due to the property being previously used for portion commercial (prefab home and trailer sales) but is no longer the case. The raised bungalow, built in 1995, offers two self-contained living spaces, each with separate entrances, kitchens, and three bedrooms. Both units are currently rented on a month-to-month basis, with long-term tenants residing for nearly two years. Unit A (upper unit) is a bright, spacious 3-bedroom, 2-bath home featuring hardwood floors, vaulted ceilings, and floor-to-ceiling windows in the living room. Patio doors in both the living room and primary bedroom lead to a deck. The eat-in kitchen has oak cabinets, tile flooring, and a pantry. The primary bedroom includes a private 3-piece ensuite and double closets. Tenant pays $2,000/month + internet, with the landlord covering gas, hydro, and HWT rental. Unit B (lower unit) is a newly finished (2023) 3-bedroom, 1-bath space with an open-concept kitchen, dining, and living area. It features vinyl plank flooring, multiple storage areas, and a 4-piece bath. Tenant pays $1,200/month all-inclusive. The property generates over $43,000 in gross rental income, including a rented detached double-car garage ($400/month). An additional 20' x 10' garage/shed is available for owners use. The gravel driveway offers parking for 10+ vehicles with room for trailers or equipment. Constructed with maintenance-free vinyl siding, the home is serviced by a well and septic system, eliminating water/sewer charges. A high-efficiency gas furnace and central A/C ensure year-round comfort. Financial details and zoning provisions are available through the listing brokerage.

Features