$425,000
12 MEADOW STREET
Beds
2
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Whitewater Region. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
If you've been searching for a property that blends small-town charm with dependable income potential, this brick duplex at 12 Meadow Street in Cobden is the kind of opportunity that doesn't come along often. Solid, and full of character, this two-storey home sits on a quiet street and already has tenants in place-making it a turnkey investment from day one. The main floor unit offers comfortable one-level living with a bright living room, functional kitchen, spacious bedroom, full bathroom, and the convenience of in-unit laundry. Upstairs, the second unit has its own private feel with a cozy living room, kitchen, bedroom, and full bath-perfect for long-term tenants or future flexibility. Outside, the shared backyard feels surprisingly private thanks to mature hedges that create a natural green wall-an inviting space to relax on warm summer evenings. The property has seen several important updates, including a new heat pump (2025), metal roof with the front section replaced in 2024, new basement flooring (2024), and a garage built in 2021, adding both value and peace of mind. Beyond the home itself, living in Cobden is part of the appeal. This welcoming Ottawa Valley village is known for its friendly community, beautiful natural surroundings, and slower pace of life. Spend weekends exploring Muskrat Lake, visiting the local farmers' market, or enjoying nearby trails, beaches, and outdoor recreation. With local shops, restaurants, and everyday amenities close by-and larger centres within an easy drive-Cobden offers the perfect balance of convenience and small-town living. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 582 - Cobden
- Lot dimensions
- 60.1 x 120.1 FT
- Bedrooms
- 2 above grade
- Parking
- 3 total
- Stories
- 2
- Fireplace
- 1
- On market
- Mar 12, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $2,282 (2025)
- Photos
- 24
- MLS#
- X12875104
- Area
- WHITEWATER_REGION
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
View
Cash on cash
-7.20%
Cap rate
3.42%
GRM
16.7
Break-even rent
$2,662
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.