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Port Perry, Scugog
$1,097,000
Turnkey Investment Opportunity in Beautiful Port Perry - Not Subject to Rent Control! Purpose-built bungalow with legal accessory apartment generating strong, reliable income with A+ tenants in place. An exceptional opportunity for investors seeking immediate cash flow with future upside potential. Featuring two fully self-contained units, each thoughtfully designed with modern finishes and functional layouts. Both units offer 2 bedrooms with private ensuites, contemporary kitchens with quartz countertops, stainless steel appliances, and stylish finishes, along with separate entrances, private laundry, and individual garages. Built with investor efficiency in mind, the property includes separate utility metering, reducing operational complexity and maximizing returns. Additional highlights include 9' ceilings, luxury vinyl plank flooring, gas fireplace, modern lighting, and parking for up to 3 vehicles per unit. Strong income profile: $67,200/year. Located in the highly desirable waterfront community of Port Perry, just minutes to Lake Scugog, marina, shops, and amenities, ensuring continued tenant demand and long-term appreciation. A rare opportunity to acquire a low-maintenance, income-generating asset in one of Durham Region's most desirable waterfront communities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 0-5 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,684 |
| Lot Size | 49.26 ft x 111 ft |
| mls© Number | E13094836 |
| Listed By | Royal LePage Frank Real Estate |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,615
- Property tax
- $640
- Heat allowance
- $150
- Housing costs
- $6,405 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$197,000
gross annual household income
- Payment at 4%
- $4,616 / mo
- Cash down
- $219,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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