Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$565,000
Madoc
91 St. Lawrence Street, Madoc, Ontario, K0K2K0
This multi-family property in Madoc is for sale.
Impeccably maintained fourplex in the heart of Madoc offering exceptional flexibility and opportunity. With four individual units, this property is an excellent income-generating investment, while also presenting a unique option for multi-generational living or multiple first-time buyers looking to enter the market together. Whether you're seeking rental income, shared ownership, or a combination of both, the possibilities here are endless. Units 1-3 each feature 1 bedroom, 1 bathroom, and electric heat. Unit 4 offers 3 bedrooms, 2 bathrooms, forced air gas heat and A/C, plus new flooring. Each unit has its own separate entrance, individual hydro meter, and access to the rear yard and ample parking area, with tenants paying their own utilities. Designed for minimal maintenance, the property features durable aluminum siding and a metal roof. Nestled in the heart of Madoc, this fourplex is ideally located within walking distance to schools, parks, shopping, and places of worship. The sought-after neighbourhood continues to attract strong interest from tenants, homeowners, and investors alike. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 177 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 6-bed multi-family in Madoc 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 $565,000, about 6.8× the local median household income of $83,000.
Carrying it typically needs a household income of about $110,364 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
