A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 40 Main St #40 & 42, North Stormont Ontario K0C 0B2
24 days on Market

40 Main St #40 & 42, North Stormont, Ontario K0C 0B2

Townhouse
6
2
~2500-3000 sqft
$489,900
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Townhouse
6
2
~2500-3000 sqft

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Highlights

Property Estimate

Days on market24 days

Estimated valueNot available

Price/Sqft$179/sqft

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Description

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.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size17,578 SqFt(117.19 x 150)
Parking Spaces2
MLS ®NumberX12190262
Community NameFinch
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Part Bsmt, Unfinished

Features

Lot size: 17,578 SqFt
Pool: Other

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jun 2, 2025
ListedActive
$489,900
24 days on market
history photo preview21
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Population and Demographics

Overview

Total population 164
Average household income $107,114

Age (%)

0 to 19
27%
20 to 34
17%
35 to 49
16%
50 to 64
20%
65 and plus
20%

Household composition (%)

Single family
65%
Single person
33%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
88%
French
10%
English and French
2%
Others
0%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

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