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$579,900
Point Edward
207 VICTORIA Avenue East, Point Edward, Ontario, N7V1H7
This multi-family property in Point Edward is for sale.
Discover an exceptional opportunity in sought-after Point Edward. This versatile duplex is ideal for investors, multi-generational living, or buyers seeking the flexibility of supplementary rental income. The main floor and basement have been completely renovated, offering bright, modern, move-in-ready spaces throughout. The main-floor unit features two bedrooms and a full bathroom, with refreshed finishes designed for comfortable everyday living. The newly finished lower-level in-law suite offers its own one-bedroom layout, a full kitchen, and in-suite laundry—an excellent option for extended family, guests, or additional income potential. Upstairs, the second unit provides two bedrooms, a bathroom, and a charming private balcony, creating a separate and inviting living space. Outside, the property is further enhanced by a garage and a generous backyard, providing practical storage, parking, and room to enjoy the outdoors. With its updated main and lower levels, multiple self-contained living areas, and desirable Point Edward setting, this property delivers outstanding flexibility and value. A turnkey duplex with space to live, invest, and grow. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-family in Point Edward 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 $579,900, about 7.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7V)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.