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$399,900
Status: For Sale
A unique opportunity for the savvy investor or shrewd home buyer. Two bungalow (2 bedroom, 1 bath each,) rental units on the same lot, each with a single car garage, so two investment incomes or live in one and have the other pay your expenses. 304 Perry St has had extensive (2016 to 2024) renovations: paint, flooring, shingles, garage door, 191 Shanly Rd has had some renovations: shingles, garage door, some paint. Shanly Rd is currently rented at $850/mos (includes water/sewer, tenant pays gas & electric) and Perry St is vacant. Typical rents for this type of home should be about $1200/mos, no utilities included (buyer to do their own due diligence on rents). The seller does not know if this property can be severed, buyer to do own inquiries. Costs: (A) insurance - Perry $134.98/mos + Shanly $74.98/mos = $2520/yr; (B) water/sewer - Perry $110/mos (vacant) $1320/yr + Shanly Rd $1080/yr; (C) gas - Perry St $70 - $110/mos; (D) 2 HWT rentals - $67/mos.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X11933415 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :24 Sep, 2025 (72 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Leeds and Grenvi |
|---|---|
| Postal Code | : K0E 1E0 |
| Price | : $399,900 |
|---|---|
| Property Taxes | :$1932.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :4 + |
|---|---|
| No. of Rooms | :22 |
| Heating | :Forced Air |
| Cross Street | :Corner of Shanly Road and Perry Street |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :< 700 sqft |
| Fireplace/Stove | :No |
| Living Room | :3.89 m x 3.4 m |
|---|---|
| Kitchen | :3.84 m x 3.23 m |
| Bedroom | :3.33 m x 2.36 m |
| Laundry | :2.03 m x 1.85 m |
| Dining Room | :3.18 m x 2.06 m |
|---|---|
| Bedroom | :3.3 m x 2.84 m |
| Bathroom | :3.28 m x 1.55 m |
| Mud Room | :1.8 m x 1.7 m |
| Exterior Finish | :Stone, Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :No |
| Garage | :Detached |
|---|
29 Mar, 2025
TREB #X11933415
Price Change
$399900.0
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$399,900
191 Shanly Road, Leeds and Grenvi, ON
Listing ID #X11933415
Price drop by $40,000
Price drop by $40,000