Attention investors, two-household co-ownerships, multi-generational families, and retirees: Once in a lifetime opportunity to own a walk-out duplexed hillside bungalow in the highly coveted, quiet, clean, and secluded Credit Heights/Credit Woodlands neighbourhood of Mississauga. Benefit from the highly flexible use of this property, featuring 2 equivalent stacked units with connecting stairs for easy access. Ideal for a thriving live-in or live-out investment property. Legally-registered second unit allows legally-licensed live-in AirBnB with projected income of $4000+ per month. Long-term rental of lower-level unit also profitable thanks to lack of rent control on this new unit registered in 2023! So close to UTM, high-end student rental is big business with gross projected rent for 2024-2025 at $7400/month! Also highly suited to multigenerational families seeking more separation and privacy. Retirees can age in place by generating extra income and/or provide living accommodations to live-in care providers. Landscape and structure make accessibility easy with low-slope driveway and low-slope hillside, perfect for wheelchair ramps to both dwelling units! Modern, stylish, energy-efficient quality concrete block construction. Home is effectively 5 years old with a remaining economic life of 65 years (per appraisal)! Economic life rated better than many new builds! Insulation and heat pump make the home only 10% less energy efficient than the typical new build (per energy audit)!. Location, design, durability, quality, and adaptability to last a lifetime. Every room smart-home capable with smart switches and outlets. Google Nest surveillance system installed at all exterior doors. All furniture, installations, and decorations in the home are optional inclusions.
