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.
Two homes, one address, one smart move! Welcome to 589-591 Bolt Road in Alfred, a brick-front semi-detached high ranch sold together as one property under one PIN and one roll number. Live in one side and let the other help pay the mortgage, or add a solid income property to your portfolio with two units under one purchase. One side is currently tenanted and the other is vacant, giving you the flexibility to move right in or rent it out on your own terms. Each side offers 3 bedrooms, a full 4-piece bathroom and a 2-piece bath with laundry. Step into the split-level foyer and head up to a main floor featuring a spacious living room, laminate flooring, a bedroom and a combined kitchen and dining area loaded with cupboard space, with a patio door opening onto your own private rear balcony, perfect for morning coffee or summer barbecues. The lower level adds two more bedrooms, a 2-piece bath and laundry combo, and a utility room with the electrical panel and the electric hot water tank installed in 2025 that could serve as a home office or extra storage. Each unit has its own paved driveway with parking for 2 cars (4 in total), electric baseboard heating and separately metered municipal water and sewer, making it easy to keep each side's costs apart. A shared rear shed with a door on each side adds extra storage for bikes, tools and seasonal gear, while brick & vinyl siding and an asphalt shingle roof round out the exterior. Thinking bigger? There may be potential to apply to the Township for a severance to divide the two sides into separate properties, which could open even more doors for investors and owner-occupants alike. Any severance or division is to be verified by the buyer directly with the Township, and the seller makes no warranty or representation regarding it. Well kept, easy to rent and full of possibilities, opportunities like this don't come around often in Alfred. Book your showing today and come see the potential for yourself!
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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$2,319/mo
Mortgage (principal + interest)$2,057
Property taxFrom listing: $3,144/yr$262
Minimum $29,990 down for this price; the slider moves in whole percent, starting at 6%. 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$109,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,473
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$120,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Alfred and Plantagenet 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.
