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$555,000
Val Caron
Val Caron, Ontario, P3L1N9
This multi-family property in Val Caron is for sale. It has been on the market 51 days, fresher than the Val Caron average of 82 days.
Turnkey Investment Property - Duplex + In-law suite on an impressive 57 x 300 ft lot in a peaceful, well-situated neighbourhood. This fully tenanted 2-storey property generates a solid net income of $40,000/year and includes 3 self-contained units: a spacious 3-bed, a 3-bed loft-style unit, and a charming 2-bed – each with private entrance and individual kitchen. Recent updates over the past decade add to long-term value, with parking for 12 vehicles, exposed aggregate drive, detached garage, and a full-height basement for the lower unit. Includes 3 fridges & 3 stoves. Municipal water + septic. On-demand hot water, separate entrances, and investor preferred layout. Set in a quiet area near schools, transit & golf, yet central to key amenities. Ideal long-term hold, owner-occupier option, or cash-flowing asset for your growing portfolio. Don’t miss this rare opportunity on a massive lot with income stability! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 82 days across the listings currently for sale in this city
This multi-family in Val Caron has been listed for 51 days, which is 31 days fresher than the city average of 82. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $555,000, about 5.4× the local median household income of $102,000.
Carrying it typically needs a household income of about $108,411 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3L)
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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
