21929 Main Street, North Glengarry, ON
Property no longer active
This property was sold on April 3, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 721 - North Glengarry (Lochiel) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $309,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 46 x 160 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Hydro Meter, Separate Heating Controls, Water Heater
- Efficient forced air heating via gas
Description
Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate.
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Property Summary
This duplex located at 21929 Main Street, North Glengarry is currently for sale and has been available on SousaSells for 543 days. This property is listed at $309,000 with an estimated mortgage of $1,029* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 21929 Main Street, North Glengarry is in the 721 - North Glengarry (Lochiel) Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Separate Hydro Meter, Separate Heating Controls, Water Heater
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 21929 Main Street, North Glengarry, ON K0B 1H0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Glengarry, ON
For a property listed at $309,000 in North Glengarry, the legal minimum down payment is $15,450 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 $3,110 for this transaction. As this listing is in North Glengarry (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,110.
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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.