Was listed for:Terminated 22 days ago
$489,500

2427 North Shore Road

Algonquin Highlands (Stanhope), ON K0M 1S0

Detached House TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 2427 North Shore Road, Algonquin Highlands, Stanhope

2026-06-20
2026-10-02
Terminated
Price
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MLS#
x13474832

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2427 North Shore Road, Algonquin Highlands, Stanhope

Summarized Description

  • Turnkey duplex with immediate rental income.
  • Fully renovated with modern upgrades.
  • Open-concept layout in both units.
  • Reliable tenants with perfect payment history.
  • Ample parking available for both units.
  • Zero deferred maintenance required.
  • Positive cash flow from closing.
  • Located in a tight multi-family market.

TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk..

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,682
Land Transfer Tax Fee
$6,265

Rental Items

Rental Equipment
Propane tanks

Basement Type
Apartment, Finished with Walk-Out, Separate Entrance

Interior Features

Interior Extras
Accessory Apartment, In-Law Suite, Propane Tank, Upgraded Insulation, Water Heater Owned
View
Trees/Woods
Security Features
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio, Year Round Living
Pool
None
Property Features
Beach, Fenced Yard, Golf, Library, School Bus Route, Rec./Commun.Centre
Other Structures
Shed

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Concrete Poured, Vinyl Siding
Roof
Shingles
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
225.00 ft
Lot Depth
343.00 ft
Lot Size
1.8
Lot Shape
Rectangular

Inclusions

Inclusions
UPPER UNIT- Washer, Dryer, Refrigerator, Stove, Dishwasher LOWER UNIT- Washer, Dryer, Refrigerator, Stove, Dishwasher] Lawnmower and snowblower for tenants to look after grass cutting and driveway clearing Shed on property

Exclusions

Exclusions
Any and all furnishings which are personal

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Septic
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Dining Room—
    Lower level
  • Kitchen—
    Lower level
  • Living Room—
    Lower level
  • Primary Bedroom—
    Lower level
  • Bedroom 2—
    Lower level
  • Bathroom—
    Lower level, 4 Pc Bath
  • Other—
    Lower level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Laundry—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath

Washrooms

  • 4-piece, Main
  • 4-piece, Lower

Municipality
Algonquin Highlands
Neighbourhood
Stanhope
Main cross streets
STANHOPE RD & NORTH SHORE RD.
Directions
TAKE HWY 118 TO STANHOPE RD, TURN LEFT ON FIRST STREET ( NORTH SHORE). SIGN ON PROPERTY

MLS® number
X13474832
Data source
Toronto Regional Real Estate Board
Status change
2026-10-02
Listed on
2026-06-20
Days on market
104 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
CENTURY 21 GRANITE REALTY GROUP INC.

Home Market Value

Current home valuation for 2427 North Shore Road, Algonquin Highlands, Stanhope, Algonquin Highlands, ON. Listed for $489,500

HOMEH Estimate

?

$461,047

Estimated Sales Range

?

$276,628 - $645,466

HOMEH Estimate for 2427 North Shore Road, Algonquin Highlands, Stanhope

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$461,047Low confidence
Based on 3 comparable properties
+ $28,453 (6%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Algonquin Highlands, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,475

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
$
%
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+CMHC insurance
$18,601$13,657$11,650$0
=Total mortgage
$483,626$454,207$427,725$391,600
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$2,361monthly$2,218monthly$2,088monthly$1,912monthly
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Land Transfer Tax

Provincial

$6,265

Total Land Transfer Tax

$6,265

Around this home

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