$489,900
3.13 BTC
Photos
Map
40 Main Street 40 & 42, North Stormont
$489,900
PRICE
6
BEDROOMS
2
BATHROOMS
X12190262
MLSID

40 Main Street 40 & 42, North Stormont

Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.
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Summary

Address
40 Main Street 40 & 42
Community
MLSID
X12190262
Property Type
Duplex
Property Category
Bedrooms
6
Bathrooms
2
Kitchens
2
Zoning
R
Taxes (Annual)
$2,230.00
Tax Year
2024
Published
June 2, 2025
Days on Market
61 Days
Possession Type
Flexible
Possession Details
Min 60 Days For Owner Occupied
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Inclusions

40 Main includes a Washer and Dryer/ 42 Main includes Washer, Dryer, Fridge, Stove

Exclusions

Tenants Belongings

Details

Property Features
Library, Park, Rec./Commun.Centre, School Bus Route
Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Second Level
Parking Spaces
2
Parking Total
2
Parking Features
Private
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Brick, Vinyl Siding
Lot Size
0
Lot Width
150 Feet
Lot Depth
117 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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