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Investment signal

$820,000

11 ALBERT STREET

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Type

Multi-family

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Investment signal

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Location nearby

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

About this home

Featuring six self-contained residential units, this building has been carefully maintained both inside and out, offering peace of mind and long-term value. All units are currently fully tenanted, providing a consistent and reliable cash flow from day one. 6 Residential Units, 100% Occupancy, Strong Rental History, Low Maintenance, Excellent Income Generator. Located in a quiet, residential area with convenient access to local amenities, this property is a rare find in a growing rental market. Whether you're a seasoned investor or just starting to build your portfolio, this is an asset worth serious consideration. Financials available upon request. Listing agent is a part owner. 48 hrs notice for showings. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: 511 - Chalk River and Laurentian Hills South
Living area: 17,567 square feet
Lot dimensions: 105 x 168 FT
On market: Feb 6, 2026
Status changed: Apr 24, 2026
Annual tax: $4,432
Zoning: HC - Residential 4
Photos: 31
MLS#: X12765070
Area: LAURENTIAN_HILLS

Features and systems

Appliances

WasherDryer

Heating

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Cooling

None

Negative cash flow ~$910/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

-6.66%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,058

Financing

Down payment$164,000

Loan amount$656,000

Mortgage$3,324/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$376

Insurance$80

Maintenance$683

CapEx reserve$342

Vacancy loss$205

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 $3,324/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.