Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#12608 +post_id: "335864" +post_author: 1 +"ListingKey": "X12146215" +"ListingId": "X12146215" +"PropertyType": "Residential" +"PropertySubType": "Duplex" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-05-14T05:11:22Z" +"RFModificationTimestamp": "2025-05-14T07:20:36.839222+00:00" +"ListPrice": 795000.0 +"BathroomsTotalInteger": 2.0 +"BathroomsHalf": 0 +"BedroomsTotal": 6.0 +"LotSizeArea": 0.35 +"LivingArea": 0 +"BuildingAreaTotal": 0 +"City": "Russell" +"PostalCode": "K0A 1W0" +"UnparsedAddress": "22 Dollard Street, Russell, On K0a 1w0" +"Coordinates": array:2 [ 0 => -75.2796794 1 => 45.2761479 ] +"Latitude": 45.2761479 +"Longitude": -75.2796794 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "KELLER WILLIAMS INTEGRITY REALTY" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Discover this impeccably designed legal duplex in Embrun offering exceptional value and strong rental income. The upper-level flagship unit is a beautifully renovated 3-bedroom home. Thoughtfully updated with care and attention to detail, this unit stands out as one of the premier rentals in Embrun. The newly constructed lower-level apartment is equally impressive -- a bright and modern 3-bedroom unit. Together, both units are rented (no vacancy) to generate a robust monthly income of $4,200, translating to over $50,000 annually. Heat/Hydro is separately metered so as the new property owner, you pay only water. The extra-large 1/3rd acre property lends well to future development -- extensions, outbuildings, carriage homes, and more! This is an excellent land parcel to take advantage of the More Homes Built Faster Act, 2022 (also known as Bill 23) as part of Ontarios goal of building 1.5-million new homes in under 10 years. Annual Income $50,415. Annual Expenses: Water $1,550, Insurance $1,673, Tax $3,570 = Total $6,793. Net Income $43,622. Cash flow before finance $3,635 per month. On reasonable financing terms the monthly cashflow is $800+ per month. This investment opportunity is hard to beat. If long-term growth is 4-5% per year, this duplex could be worth $1.43-1.65 million in 15 years, and $2.58-3.44 million in 30 years when paid in full. Cashflow in the interim should greatly exceed $500,000. This equates to a potential return of $3-4 million from todays $159-238k downpayment. Consider adding 22 Dollard Street in Embrun as a flagship property and long-term staple to your portfolio. Note: Financials discussed in the video are outdated; please refer the the updated numbers listed here. Photos taken prior to current tenancies." +"ArchitecturalStyle": "Bungalow-Raised" +"Basement": array:1 [ 0 => "Apartment" ] +"CityRegion": "602 - Embrun" +"CoListOfficeName": "KELLER WILLIAMS INTEGRITY REALTY" +"CoListOfficePhone": "613-829-1818" +"ConstructionMaterials": array:2 [ 0 => "Other" 1 => "Brick" ] +"Cooling": "Wall Unit(s)" +"Country": "CA" +"CountyOrParish": "Prescott and Russell" +"CoveredSpaces": "1.0" +"CreationDate": "2025-05-14T02:55:03.963240+00:00" +"CrossStreet": "Notre Dame St and St Augustin Rd" +"DirectionFaces": "North" +"Directions": "Notre Dame Street to St Augustin Rd; head north. 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Description
Welcome to this stunning fully renovated 1,200 sq. ft. apartment, offering modern elegance in the heart of Flamborough. Fully updated in 2025, this stunning home features three spacious bedrooms and a stylish bathroom, making it perfect for families, professionals, or anyone seeking comfort and convenience. Step inside to find a bright, open concept living space, freshly painted with luxury vinyl and wood flooring throughout. The brand-new kitchen boasts new countertops, stainless steel appliances, and custom cabinetry, making meal prep a delight. The bathroom showcases sleek finishes and contemporary fixtures. Large windows fill the home with natural light, creating a warm and inviting atmosphere. Enjoy in-suite laundry, ample storage, and dedicated parking. Nestled in a peaceful neighbourhood, you’re just minutes from highways, parks, top-rated schools, and shopping. Don’t miss this rare opportunity to make this charming apartment your new home.
Details
MLS® Number
X12131172
X12131172
Bedrooms
3
3
Bathroom
1
1
Additional details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Central Air
- County: Hamilton
- Property Type: Residential Lease
- Pool: None
- Architectural Style: Apartment
Address
- Address 1294 Highway 6 N/A
- City Hamilton
- State/county ON
- Zip/Postal Code L8N 2Z7