For Sale - 1547 Vercheres Street, Orleans - Convent Glen and Area, Ontario

Est payment $8,427/mo
Views   1
Time on Jump  137 day
  • Rare semi-detached bungalow designed as a fourplex for rental income.
  • Each unit features three bedrooms and independent utilities for tenant comfort.
  • Property complies with safety codes including firewalls for added security.
  • Located on a quiet cul-de-sac with parking for up to 10 vehicles.
  • Currently fully rented furnished, offering significant annual revenue potential.



Rare investment opportunity semi-detached bungalow with 2 fully equipped secondary units (r2a zoning) welcome to a purpose-built fourplex rental property designed for comfort, convenience, and income potential. This rare semi-detached bungalow offers four mirror-image units, each approximately 1,340 sq. Ft., with 3 spacious bedrooms featuring 8-foot-wide closets, and two three-piece bathrooms per unit. Each unit enjoys its own separate: entrance, gas furnace, central ac, hrv system, hot water tank, 100 amp electrical panel, gas meter, giving tenants complete independence. Designed for long-term rental success, the property was constructed in 2009-2010, fully compliant with fire and building codes, including vertical and horizontal firewalls for added safety. Natural light floods every unit through large windows in both basement and main floors. Located at the end of a quiet cul-de-sac, the property offers parking for up to 10 vehicles. Currently, all units are rented fully furnished on a month-to-month basis at $3,500 per month each, creating a potential gross annual revenue of $168,000. Live in one unit while renting the others, an ideal income-generating opportunity, thoughtfully designed for maximum functionality and return on investment. You could not rebuild it at this price today!
Listing IDX12404404
Address1547 Vercheres Street
CityOrleans - Convent Glen and Area, Ontario
Price$1,700,000
Bed / Bath12 / 4 Full
StyleBungalow, Fourplex
ConstructionBrick Front
Land Size10498.69
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Separate Heating Controls, Separate Hydro MeterOwnership FreeholdWaterfront NoneBasement ApartmentFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 10.00
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Listing Agency:  FIRST CHOICE REALTY ONTARIO LTD.
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1547 Vercheres Street
Orleans - Convent Glen and Area , Ontario
12 4 $1,700,000
Get more info