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5 Tiffany Street

5 Tiffany Street

Ridgetown, Ontario

6 bed • 2 bath • Single Family

$459,000

Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately ¼-acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike. The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity—live in one unit while the rental income from the other helps offset your mortgage and monthly expenses. Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth.

Price History

Schools

Elementary

  • St Michael Catholic School0.8 km

    Catholic · St Clair CDSB · 150 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 8% met the provincial standard

  • Ridgetown DHS-Gr. 7 & 80.8 km

    Public · Lambton Kent DSB · 90 students

  • Naahii Ridge Public School1.5 km

    Public · Lambton Kent DSB · 255 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 27% met the provincial standard

Secondary

  • Ridgetown District High School0.8 km

    Public · Lambton Kent DSB · 120 students

    Grade 10 literacy: 64% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0P

Population
53,140
Private dwellings
23,162
Median age
46
Average household size
2.4
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Ridgetown · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in Ridgetown over the last 12 months.

Location

Mortgage Calculator

$91,800

Estimated Monthly Payment

$2,255

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,255/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $115/mo

Estimates only. Consult a financial advisor.

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