31 Schmidt Way, Ingleside, K8V 5P4

Home Overview

Description

Welcome to this exceptional, fully renovated legal duplex, a rare opportunity to own a vacant, cash-flowing property in a safe, family-friendly neighborhood! Every inch of this home has been thoughtfully redesigned from top to bottom with premium finishes and a modern layout, offering the ideal setup for multigenerational living, investors, or anyone seeking flexibility between personal use and rental income. The main unit features a bright open-concept living area and a stunning gourmet kitchen with sleek custom cabinetry, quartz countertops, a large island with seating, and high-end stainless steel appliances, along with a spacious primary suite complete with a walk-in closet and spa-inspired ensuite featuring double sinks and a soaker tub. Additional bedrooms are filled with natural light, providing comfort for the whole family. The lower level is a beautifully designed self-contained apartment with its own entrance, open-concept living and dining areas, full kitchen, private bedroom, and full bath - perfect for extended family or tenants. Both units have separate HVAC systems and laundry, ensuring privacy and convenience. A dedicated home theatre with a dry bar and beverage fridge adds even more space to relax and entertain, while the heated garage showcases an epoxy floor and freshly painted drywall for a clean, polished look. The large backyard offers ample room for gatherings or outdoor enjoyment. With potential market rents of approximately $3,150 for the main unit and $2,150 for the lower level, this property provides excellent cash flow and long-term value. Whether you choose to live in one unit and rent out the other or lease both for maximum income, this stunning home delivers flexibility, luxury, and exceptional investment potential in a desirable, family-oriented community.

6 days

On Market

Duplex

Property Type

$6,350 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

New

Year Built