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Investment signal

$824,900

11 VERNON STREET

Save this home

Beds

4

Baths

3

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

LEGAL TWO-UNIT HOME WITH FULLY SELF-CONTAINED LIVING SPACES - LIVE IN ONE, RENT THE OTHER! Welcome to 11 Vernon Street, a rare opportunity to own a registered legal duplex with two completely separate units, ideal for multi-generational living, investors, or buyers looking to offset their mortgage with rental income. The bright main level offers a functional and inviting layout, featuring a sun-filled living space, a well-appointed kitchen with stainless steel appliances and breakfast bar, and a dining area with walkout to the deck, perfect for everyday living and entertaining. The primary bedroom includes a private ensuite and direct access to the deck, while two additional bedrooms and a full bathroom complete the space. Main level laundry is currently being relocated to optimize the layout and functionality of the upper unit. The fully self-contained lower-level suite is accessed through a separate entrance and offers its own kitchen with an island, spacious living area with a fireplace, a large bedroom, full bathroom, and separate laundry, creating true independence between the two units. With two kitchens, two laundry areas, and a private entry, this home is perfectly set up for generating income, accommodating extended family, or creating flexible living arrangements. An attached double garage and parking for multiple vehicles add to the convenience, while the location places you within walking distance to schools, parks, recreation, and everyday amenities. Whether you're looking to invest, support family, or reduce your monthly expenses, this is a smart move in today's market. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Angus
Common interest
Freehold
Lot dimensions
49.3 x 115 FT
Bedrooms
3 above grade, 1 below grade
Parking
6 total
Stories
1
Fireplace
1
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$2,851.82
Zoning
Res Low Density Detached R1 w/ Special Provisions
Photos
16
MLS#
N13037662
Area
ESSA_(ANGUS)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullApartment in basementSeparate entranceN/AN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Flooring

Tile

Foundation

Block

Lot

In-Law Suite
Negative cash flow ~$914/mo at these assumptions

Cash on cash

-6.65%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,087

Financing

Down payment$164,980
Loan amount$659,920
Mortgage$3,344/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$378
Insurance$80
Maintenance$687
CapEx reserve$344
Vacancy loss$206

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 $3,344/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 23, 2026.

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