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1516, 1522 Walsh Street East

Call or Text 807-620-6097

Phenomenal rental income opportunity! Boasting four well-maintained and beautifully appointed two-bedroom apartments, this rental property presents an amazing income opportunity. Live in one apartment and rent the other three. Or rent all four apartments to generate over $6,000 in income every month.

Each side of this modern and updated semi-detached bilevel features two apartments — one on the main floor and one in the basement — for a total of four apartments. Each apartment has a spacious and bright open-concept living room, dining room and kitchen, two bedrooms, a full four-piece bathroom, as well as its own laundry.

All appliances are included: four stoves, four fridges, four washers and four dryers. As well, there are built-in dishwashers and microwaves in the kitchens.

The primary bedroom in each of the main-floor apartments conveniently has a walk-in closet.

All four apartments have been nicely updated over the years, including new paint and trim, new doors, new laminate flooring, two new furnaces in 2020, as well there is a new roof on the home in 2013.

Currently three apartments are rented to long-term tenants who would like to stay. One apartment is vacant, which could be either rented or the new owner could live there.

The back yard is fully fenced.

The McKellar Park neighbourhood is fairly centrally located, ideal and convenient for tenants, close to schools, parks, shopping, restaurants and more.

Please call or text 807-620-6097 today to inquire further about this excellent rental income opportunity, or to arrange a personal showing.

Style: Semi-detached bilevel (four apartments)
Local Area: McKellar Park
Age: 30 years
Lot Size: 59 by 110 feet
Taxes: $5,000 (2023)
Exterior: Brick and vinyl siding
Driveway: Double unfinished (two)
Exterior Features:
  • newer roof (2013)
  • fully fenced back yard
  • close to schools, parks, shopping, restaurants
Size: 4,024 square feet (total), 1,006 square feet (each apartment)
Bedrooms: Two (each apartment)
  • four-piece (main floor)
  • four-piece (basement)
  • four-piece (main floor)
  • four-piece (basement)
Basement: Finished
Heating: Forced-air gas
Electricity: 200 amp
Water Source: City
Interior Features:
  • new paint (2020)
  • new trim (2020)
  • new doors (2020)
  • new laminate floor throughout
  • kitchens with built-in dishwasher
  • two new furnaces (2020)
  • four stoves, four fridges, four washers and four dryers included
Click on images for larger views

Back Yard
Main-Floor Apartment

Main-Floor Living Room

Main-Floor Living Room

Main-Floor Open Concept

Main-Floor Dining Room

Main-Floor Kitchen

Primary Bedroom

Primary Bedroom

Primary Walk-In Closet

Second Bedroom

Basement Apartment

Basement Living Room

Basement Open Concept

Basement Kitchen

Primary Bedroom

Primary Bedroom

Second Bedroom

Second Bedroom