2427 North Shore Road, Algonquin Highlands, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stanhope. Expertly crafted featuring premium concrete poured and vinyl siding construction, this residence presents an exceptional opportunity offered at $489,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 225 x 343 ft lot
- Features a apartment, finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Suite, Propane Tank
- Efficient baseboard heating via electric
Description
TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk..
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Property Summary
This detached home located at 2427 North Shore Road, Algonquin Highlands is currently for sale and has been available on SousaSells for 70 days. This property is listed at $489,500 with an estimated mortgage of $1,629* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 2427 North Shore Road, Algonquin Highlands is in the Stanhope neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Stanhope, Algonquin Highlands.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Stanhope, Algonquin Highlands.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Fenced Yard
- Golf
- Library
- School Bus Route
- Rec./Commun.Centre
Interior Features
- Accessory Apartment
- In-Law Suite
- Propane Tank
- Upgraded Insulation
- Water Heater Owned
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 2427 North Shore Road, Algonquin Highlands, ON
Q.What is the asking price for 2427 North Shore Road, Algonquin Highlands, ON ?
The current listing price for 2427 North Shore Road, Algonquin Highlands, ON in Stanhope, Algonquin Highlands is $489,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 2427 North Shore Road, Algonquin Highlands, ON ?
2427 North Shore Road, Algonquin Highlands, ON is a Detached (2-Storey) featuring a Apartment, Finished with Walk-Out, Separate Entrance basement.
Q.What key property features does 2427 North Shore Road, Algonquin Highlands, ON offer?
Key property features include: Beach, Fenced Yard, Golf, Library, School Bus Route, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, In-Law Suite, Propane Tank, Upgraded Insulation, Water Heater Owned.
Q.What security features are installed at 2427 North Shore Road, Algonquin Highlands, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Open in Google MapsNeighborhood Safety & Crime Analytics
Stanhope, Algonquin Highlands
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2427 North Shore Road, Algonquin Highlands, ON K0M 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $489,500 in Algonquin Highlands, the legal minimum down payment is $24,475 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,265 for this transaction. As this listing is in Algonquin Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,265.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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