556 Spruce Street

About This Property

Excellent opportunity to own a versatile and income-generating duplex in a quiet, family-friendly neighbourhood. This solid property features a spacious 2+1 bedroom main unit and a well-appointed 2 bedroom upper unit, offering flexibility for both investors and owner-occupants alike. Situated on a generous 40 x 124 ft lot, the property backs onto a laneway with a wooded area beyond - providing added privacy. Recent updates include an updated furnace and electrical panel, giving peace of mind and reducing immediate capital expenses. The partially finished basement presents possible potential for a third unit, making this an even stronger long-term investment. With the property currently vacant, you have the rare advantage of setting your own rents or customizing the space to suit your needs from day one. Additional features include parking for two vehicles in the front driveway and a layout ideal for multi-generational living or rental income. Whether you're looking to live in one unit and offset your mortgage, or expand your real estate portfolio, this property is packed with potential and ready for your vision.