3268 PRINCIPALE STREET
Alfred and Plantagenet, Ontario, Ontario, K0A3K0

Property description

OPPORTUNITY KNOCKS! Unlock the advantages of property ownership with this legal duplex bungalow, perfectly positioned in the welcoming village of Wendover just 10 min from Rockland & 25 min to Orleans amenities. Whether you're an investor looking for strong returns, a multi-generational family, or a buyer seeking added income, this property offers remarkable flexibility & long-term value. With a projected 6% cap rate, separate entrees, 2 hydro meters, 2 laundry facilities, 2 HWT, its a turnkey solution for generating passive income or reducing your cost of living. Set on a spacious & south exposure lot, the main residence boasts a bright, open-concept design with 3 bed 2 full baths, & upgraded finishes thru including birch hardwood & porcelain tile floors. The updated kitchen features painted cabinets, center island, ceramic backsplash, double sink w/new faucet, & french doors leading to a sunny deck ideal for outdoor dining & barbecuing. The main bath w/cheater access to the primary bed is beautifully renovated w/a new tub, ceramic, vanity, lighting, & more. A smart, well-designed layout leaves one portion of the lower level completely private from the secondary unit & adds a versatile bonus rm w/closet (perfect as a 4th bedroom, rec rm, office or gym), along w/storage, subflooring.. the mud rm w/2 pieces bath leads to an oversized garage. The secondary dwelling unit (SDU) offers its own entry & private fenced yard. It includes 2 bed, 1 full bath, open-concept kitchen/living/dining space w/a cozy gas fireplace (wood stove style), its own washer/dryer, and dedicated storage. Currently rented mo-to-mo, offering now income potential! This unit adds excellent cash flow potential. Other updates include a new roof (2023), 200 amp + 100 am service, most PVC windows & french doors, & a huge new driveway (2025) with room for multiple vehicles. Fully fenced yard w/deck & shed adds function & outdoor enjoyment. Ideal investment for families, retirees, & investors alike

Building information

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