189 Church Street, Stirling-Rawdon, ON K0K 3E0

Description

Prime Income Property or Multi-Generational Living in the heart of Stirling-Rawdon close to all downtown amenities. Meticulously maintained by the current owner, this unique property features multiple living spaces perfect for offsetting your mortgage or familiesseeking togetherness with privacy. Main Residence: 3-bedroom, 3-bathroom home showcasing hardwood floors throughout the main level, updated kitchen and bathrooms, and main floor laundry. Enjoy the charming front porch or unwind on the back deck complete with hot tub. The finished basement includes an In-Law suite or a potential bachelor apartment with a private tunnel entrance running beneath the driveway, into the garage. Income-Generating Detached Garage: Two rental units sit above the garage - a 1-bedroom and a 2-bedroom apartment, both currently tenanted. With the entire property rented (including main residence) a calculated cap rate falls between 6.2% and 6.8%. The property reflects character, a historic feel, immaculate summer landscaping, large front and side yard, and consistent upgrades throughout. Whether you're an investor seeking a high-performing multi-unit property, a family looking to keep loved ones close while maintaining separate living spaces, or an owner-occupant wanting rental income to offset costs, this property delivers.

Features