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1102 7th STREET
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Perdue · Single Family · under $75,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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This charming home offers plenty of character and potential, beginning with the inviting front veranda that spans the front of the house — the perfect place to enjoy your morning coffee, read a book, or simply relax and take in the surroundings. The main floor features a comfortable living room, two bedrooms, a kitchen with an eat-in dining area, a 4-piece bathroom, and a back porch that conveniently houses the laundry facilities. Upstairs, you'll find additional space that could serve as a third bedroom, home office, hobby room, or flex space to suit your needs. One of the home's most unique features is its distinctive chimney. While I can't say for certain that it was designed as one, it certainly brings to mind the folklore of a "witch's crook" chimney. Traditionally, these curved chimneys were believed to prevent witches from flying down into homes, adding an interesting touch of history and character to older properties. Whether fact or folklore, it is sure to be a conversation piece and adds to the home's charm. The basement provides excellent storage space and houses the mechanical systems of the home. A particularly useful feature is the direct exterior access, offering convenient entry from outside and making it easy to move larger items in and out. If desired, the laundry facilities could also be relocated back to the basement. Situated on a large corner lot, the property includes a single detached garage (currently used for storage) with convenient back alley access and plenty of additional yard space. Whether you're looking for an affordable place to call home, a rental property, or a project to make your own, this property offers plenty of possibilities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Storage | 8' x 11' |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Sunroom | 6' 5'' x 21' 7'' | |
| Kitchen/Dining room | 11' 7'' x 12' 8'' | |
| Living room | 17' 3'' x 11' 7'' | |
| Bedroom | 9' 3'' x 8' 5'' | |
| Bedroom | 9' 3'' x 14' 4'' | |
| 4pc Bathroom | 4' 6'' x 6' 1'' | |
| Other | 9' 7'' x 5' 8'' |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 22' x 11' |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
188.01%
Cap rate
42.47%
GRM
2.0
Break-even rent
$366
Financing
Operating expenses (monthly)
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Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 17, 2026.
Location of this listing. Distances are straight-line.
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