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$237,900
Cochrane
50 Victoria Avenue, Cochrane, Ontario, P0L1C0
This multi-family property in Cochrane is for sale offering roughly 900 sq ft of space.
Excellent opportunity to own a well-maintained two-unit home situated on a 66' x 132' lot. The main-floor unit offers a bright living room, eat-in kitchen, two bedrooms (one currently accommodates the laundry area), and a 4-piece bathroom. The basement apartment features a separate entrance, an open-concept kitchen and living area, one bedroom, a 4-piece bathroom, and a washer and dryer included for the basement tenant's use. Both units are currently tenant occupied, providing an established rental income opportunity for investors. Notable updates include windows (2016), siding (2016), weeping tile and Blueskin membrane (2016), shingles (2017), and a hot water tank (2026). A Fire Retrofit Inspection was completed in 2026, and the property complied with the Ontario Fire Code at the time of inspection. An excellent opportunity for investors looking to expand their portfolio with a two-unit income property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 126 days on market, against an average age of 75 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed multi-family in Cochrane is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $237,900, about 3.1× the local median household income of $77,500.
Carrying it typically needs a household income of about $46,470 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
