
Deseronto, ON K0K 1X0
At $499,000, this home is a rare income opportunity in the heart of Deseronto. This tenant-ready century home is priced to deliver immediate returns and long-term upside. With two separate self-contained units, this property offers the flexibility investors and owner-occupants are searching for: live in one unit and let the other help pay your mortgage, or lease both for a strong, dependable cash flow. The upper unit (3 bed/1 bath) is already tenanted at $973/month all-inclusive, generating income from day one, while the vacant main-floor unit (2 bed/1 bath) gives you the freedom to move in, choose your own tenant, or capture additional market rent. Both units are bright and spacious, with their own private entrances, full eat-in kitchens, in-unit laundry, and comfortable living areas, making them genuinely easy to rent and easy to hold. The value extends well beyond the units themselves: a full unfinished basement offers abundant storage along with a sauna and a bathroom rough-in, presenting clear potential to add even more usable space and equity down the road. Outside, you'll find a detached single-car garage, two separate driveways with parking to suit both households, and a generous, mature-treed backyard with a new covered deck being completed by the seller. Set in a well-established neighbourhood close to local amenities and the waterfront, this is the kind of property that rarely comes to market at this price: solid, income-producing, and full of upside. Whether you're growing your portfolio or buying your first home with built-in income, 127 Green Street is an opportunity worth moving on. Units are not separately metered; 24 hours' notice required for showings.
TRREB MLS® Attribution
MLS® X13414218
Listed by Exp Realty
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,437
/month · $399,200 mortgage
Amortization
Total Interest
$331,805
Total Cost
$731,005
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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