974 Waters Beach Drive, Essex, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Essex. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 39.15 x 148.18 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This well-maintained legal duplex offers a solid investment opportunity just 15 minutes from Essex. Set directly across from the lake, the home features two fully self-contained units with private entrances, separate driveways, and separately metered utilities. The upper unit is a bright 3-bedroom, 1.5-bath space currently leased for $2,300/month plus utilities, with a reliable tenant. The lower 1-bedroom, 1-bath unit is currently vacant, presenting the perfect chance to set your own rent or move in while offsetting costs with income from above (previously rented for $1,100/month).Built in 2021 and thoughtfully designed, the home offers 5 parking spaces, a spacious layout with modern finishes, and efficient systems including a tankless water heater, central air, and gas forced-air heating. The upper level boasts a large eat-in kitchen with walk-in pantry, in-suite laundry, and a gas fireplace in the living room. The lower level also includes its own kitchen, living room, laundry, and private bedroom, ideal for extended family or tenants. Whether you're an investor or a homeowner looking for added flexibility, this duplex blends lifestyle and income potential in a scenic and growing area of Essex County.
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Property Summary
This duplex located at 974 Waters Beach Drive, Essex is currently for sale and has been available on SousaSells for 195 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 974 Waters Beach Drive, Essex
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Accessory Apartment
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 974 Waters Beach Drive, Essex, ON N0R 1G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Essex, ON
For a property listed at $599,999 in Essex, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. As this listing is in Essex (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.