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115 Niblock Street
Beds
1
Baths
1
Sqft
486
Year
1931
Type
Single Family
On market
0d
Presenting a fantastic opportunity to own a fully renovated home on a rare 50’ x 120’ corner lot. Ideal for those looking to downsize, enter the market, or invest in a cash-flowing property. This home has been carefully renovated from the ground up, offering peace of mind with ALL NEW plumbing, electrical, windows, and a brand NEW ROOF, along with a complete interior transformation.The expansive corner lot provides abundant green space and sunlight, leading to a sunny backyard with plenty of space for entertaining, relaxing, or hosting summer gatherings. The property also features a single oversized garage, ideal for vehicles, tools, or a workshop setup, along with an additional shed for extra storage and a fire pit to enjoy evenings outdoors. The lot is well-suited for storing a boat or trailer. Inside, the home features new flooring, doors, knockdown ceilings, and modern plumbing and electrical fixtures throughout. The open-concept layout highlights a fully updated kitchen with new cabinets and appliances, seamlessly opening into a bright living room filled with natural light from the west-facing exposure. Just off the main living space, you’ll find a spacious bedroom with a large window, as well as a stylish, eye catching updated bathroom complete with a modern stand up shower. Downstairs, the basement offers plenty of storage space and includes a BRAND NEW FURNANCE and HOT WATER TANK.A truly turnkey property offering indoor comfort, outdoor space, and exceptional functionality move in and enjoy. Call your favourite today for a viewing, this won't last long!! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.00 Ft x 10.00 Ft | |
| Kitchen | 11.25 Ft x 9.33 Ft | |
| 3pc Bathroom | 5.25 Ft x 12.00 Ft | |
| Primary Bedroom | 7.67 Ft x 10.83 Ft |
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
20.98%
Cap rate
9.06%
GRM
8.0
Break-even rent
$903
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 11, 2026.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Bawlf. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.