In a coveted South Ajax lakeside community, set on a private mature treed lot, this renovated bungalow with 3+2 bedrooms and three full bathrooms offers the rare advantage of a legal duplex generating approximately $54,000 in rental income annually, plus utilities. A sheltered portico entry welcomes you into an inviting foyer that opens to a private office/den on one side and a spacious living room enhanced by a contemporary three-sided fireplace that also warms the dining area. The expansive chef's kitchen features quality finishes and a walkout to a large fenced side deck with a gas BBQ line, perfect for entertaining. The primary bedroom includes a renovated 3-piece ensuite with an oversized glass shower. Good sized secondary bedrooms offer outstanding custom closet built-ins, complemented by a renovated main bath. For convenience, there are two separate laundry areas, one for each unit. From the front door you are ideally located a short walk to Ajax's scenic waterfront trails, Rotary Park, Duffins Bay Beach, and well-regarded local schools, with excellent proximity to transit, dining, and shopping... and just steps from Exeter Park offering a playground, splash pad, and a leash-free dog park with separate areas for large and small dogs. This is an exceptional opportunity with a substantial mortgage helper income of approximately $4,500 per month with tenants paying the utilities. The lower unit will be vacant on closing, offering flexibility for owner occupancy or tenant selection. Conveniently located minutes to the GO (id:29237)