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Investment signal

$335,000

10 WELLINGTON STREET E

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Beds

Baths

Sqft

—

Year

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Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Athens. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Ready to invest? This two-unit property is ready for it's new Owner! 2 bedroom unit on the main level and a 1 bedroom on second level. Located just outside the city of Brockville in the welcoming village of Athens, this well-maintained property offers the perfect blend of lifestyle and investment. Set on a generously sized lot, the building is beautifully landscaped with interlock pathways in both the front and back creating a polished first impression. The metal roof ensures long-term durability and low maintenance, while the curb appeal reflects the pride of ownership throughout the property. With a museum, doctor's office, chiropractor, grocery store, library, mechanic, and main street shops nearby, the village offers a walkable, self-sufficient community. Painted June 2025. New Sump Pump June 2025. The lower unit was extensively renovated in 2009-2010 including re-wiring, accessibility power-operated doors with buttons, septic system, and windows. Rents are $1450 for main level plus hydro and gas (includes two parking spaces), $950 second floor unit plus hydro and gas. Tenants maintain snow removal and landscaping. Perfect opportunity for a turnkey rental investment! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 812 - Athens
Lot dimensions: 45.5 x 172.7 FT
Bedrooms: 3 above grade
Parking: 3 total
Stories: 2
Fireplace: Yes
On market: Nov 15, 2025
Status changed: Apr 24, 2026
Annual tax: $2,513.28 (2025)
Photos: 30
MLS#: X12547888
Area: ATHENS

Features and systems

Parking

No Garage

Basement

UnfinishedPartial

Appliances

WasherDryerWater TreatmentTwo stovesTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Stucco

Foundation

Unknown

Lot

Carpet FreeSump Pump

Positive cash flow ~$270/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

4.83%

Cap rate

5.83%

GRM

11.6

Break-even rent

$2,116

Financing

Down payment$67,000

Loan amount$268,000

Mortgage$1,358/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$154

Insurance$80

Maintenance$279

CapEx reserve$140

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,358/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.