14 Turi Dr

Charming raised bungalow situated on a beautifully landscaped 49 x 111 ft lot in Mount Hope. Meticulously maintained home offers a perfect blend of comfort, style & versatility. Main level features living/ dining rm, updated kitchen w/ abundance of cupboard & counter space & breakfast bar island, primary bdrm w/ walk in closet, 5pc ensuite privilege & walk-out to private deck, second bdrm, 2 pc bath & mud room w/ walk-out to deck. Separate entrance to finished lower level complete w/ rec-rm, 3rd bdrm, 3pc bath, exercise rm, laundry & storage. Versatile lower level offers many possibilities including multi-generational, rental potential or space for growing family. Private backyard oasis w/ mature trees, complete w/ hot tub, gazebo, tiki bar & ambient lighting. Recent updates: roof 2023, driveway 2022, refaced kitchen cupboards & sod 2024. Nestled in family-friendly neighborhood close to all amenities including schools, shopping, golf, 403 access, Airport & Amazon distribution.

This is a great opportunity to own a home that you can live in and either lease the main floor to a professional business while you enjoy 2 floors as your home, or use the main floor for your own business. This is a different kind of ownership that has more upfront cost, but the payoff could be huge in future by having a home and business in one building, or allowing a professional business tenant to help pay down the mortgage. This property has the best of both worlds being on the edge of commercial Upper James St and the edge of a great residential area with large Bruce Park just down the street. The down payment is higher at 35% - 50% and because it is mixed-use residential/commercial, HST is applied to the purchase price. These costs are the "cost of doing business" for this kind of investment home/business and ownership. Current owners ran a professional business in the home for over a decade, and, as such, the property has been well cared for. Previous ownership used the home as a live/work environment whereby the main floor was a doctor's office and the owner lived on the 2nd and lower level. Great location just off of Upper James St on Hamilton mountain, commercial zoning, could be live/work or a mixed commercial/residential, buy and hold opportunity for investors. New roof(shingles and plywood) November 2023. Freshly painted throughout. Updated 2nd floor bathroom August 2024 (tub added and sink replaced) and kitchen includes eat-at counter station, stove added, light fixture replaced, and new fridge August 2024.