Size
-
Lot size
2889 sqft
Street frontage
-
Possession
2026-10-15
Price per sqft
$295 - $464
Taxes
$1,708.83 (2026)
Parking Type
-
Style
Bungalow-Raised
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Description
Excellent Investment Opportunity - 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice.
Broker: RE/MAX AFFILIATES MARQUIS LTD.
MLS®#: X13801918
Property details
Parking:
3
Parking type:
-
Property type:
Duplex
Heating type:
Baseboard
Style:
Bungalow-Raised
MLS Size:
700-1100 sqft
Lot front:
26 Ft
Lot depth:
108 Ft
Listed on:
Sep 18, 2026
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Instant estimate:
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$19,957
lower than listed pricei
High
$324,641
Mid
$305,043
Low
$296,745
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