The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
New Listing. Looking to add to your investment portfolio without breaking the bank? This affordable 2-storey home is an excellent opportunity for investors seeking immediate rental income. Already tenant occupied with reliable rent-paying tenants, this property offers the kind of investment every landlord is searching for. Featuring 1,078 sq. ft., the home offers 3 bedrooms, a full 4-piece bathroom upstairs, plus a convenient main floor powder room. The functional layout provides comfortable living space, while the fenced backyard adds outdoor enjoyment and privacy for tenants. Two off-street parking spaces offer added convenience and value. With low property taxes, great rental appeal, and an affordable purchase price, this is an ideal opportunity for investors looking to generate cash flow or expand their rental portfolio. Whether you're a seasoned investor or purchasing your first income property, this property checks all the right boxes. Affordable. Tenant occupied. Income generating. Here's an Opportunity, book your viewing today!
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Age Groups
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Owners vs Renters
Ownership data is not available.
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$921/mo
Mortgage (principal + interest)$782
Property taxFrom listing: $1,673/yr$139
Minimum $10,450 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$41,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,815
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$46,415
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Thunder Bay has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
