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.
BRING FAMILY CLOSER WITHOUT SACRIFICING PRIVACY! The Duo Collection features a beautiful 2-storey home plus a fully finished lower-level secondary dwelling with its own private entrance, kitchen, laundry and HVAC system. Two Rental Units. One Real Estate Investment.Discover an opportunity to own a townhome duplex with two separate rental units generating a combined rental income of $4,000 per month, or $48,000 annually.The Investment at a Glance- Purchase price: $779,999- Down payment: $156,000 (20%)- Illustrative mortgage: $623,999- Financing assumption: 4.99% fixed interest rate, amortized over 30 years- Upper unit rental income: $2,200 per month- Lower apartment rental income: $1,800 per month- Total monthly rental income: $4,000- Total annual rental income: $48,000- Gross rental yield: Approximately 6.15%Why Consider Maple Grove?Two income streams. Generate rental income from two separate residential units within one property.An established rental model. With combined rents of $4,000 per month, investors can evaluate the property's income potential against financing and operating costs.Long-term real estate potential. In addition to rental income, investors may benefit from mortgage principal reduction and potential property appreciation over time. Neither appreciation nor future rental increases are guaranteed.An investment you can evaluate with real numbers. Review the rental income, financing assumptions and operating expenses to determine whether the property aligns with your investment objectives.Your Next Investment Could Be Maple Grove.All mortgage figures are estimates based on the stated interest rate and amortization, subject to lender approval and financing terms. Gross rental yield is before expenses and is not the cap rate or net ROI. Actual returns depend on operating expenses, vacancy, financing, taxes, maintenance and other costs. Investors should independently verify rental income, expenses and applicable legal requirements.
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What’s NearbyDistances approximate
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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$2,918/mo
Mortgage (principal + interest)$2,918
Minimum $53,000 down for this price; the slider moves in whole percent, starting at 7%. 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$156,000
Ontario land transfer taxProvincial brackets, no first-time refund$12,075
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$170,875
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Stittsville - Munster - Richmond 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.
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