127 Green Street, Deseronto, ON

Description

At $499,000, this home is a rare income opportunity in the heart of Deseronto. This tenant-ready century home is priced to deliver immediate returns and long-term upside. With two separate self-contained units, this property offers the flexibility investors and owner-occupants are searching for: live in one unit and let the other help pay your mortgage, or lease both for a strong, dependable cash flow. The upper unit (3 bed/1 bath) is already tenanted at $973/month all-inclusive, generating income from day one, while the vacant main-floor unit (2 bed/1 bath) gives you the freedom to move in, choose your own tenant, or capture additional market rent. Both units are bright and spacious, with their own private entrances, full eat-in kitchens, in-unit laundry, and comfortable living areas, making them genuinely easy to rent and easy to hold. The value extends well beyond the units themselves: a full unfinished basement offers abundant storage along with a sauna and a bathroom rough-in, presenting clear potential to add even more usable space and equity down the road. Outside, you'll find a detached single-car garage, two separate driveways with parking to suit both households, and a generous, mature-treed backyard with a new covered deck being completed by the seller. Set in a well-established neighbourhood close to local amenities and the waterfront, this is the kind of property that rarely comes to market at this price: solid, income-producing, and full of upside. Whether you're growing your portfolio or buying your first home with built-in income, 127 Green Street is an opportunity worth moving on. Units are not separately metered; 24 hours' notice required for showings.