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Investment signal

$875,000

1220 BRUCE ROAD 12 ROAD

Beds

Baths

5

Sqft

Year

Location

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Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Investment property 7.98 Cap Rate. 5 apartments. Completely modernized 5 years ago. Natural gas heat, Municipal sewers. Laundry on sight. A1 tenants. 1- 1 bedroom, 1-3 bedroom and 3- 2 bedrooms (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
South Bruce
Living area
0
Lot size
0.31 acres
Lot dimensions
0.31
Parking
10 total
On market
Apr 11, 2025
Status changed
Apr 19, 2026
Annual tax
$2,203 (2024)
Zoning
C2-1
Photos
11
MLS#
X12077541
Area
SOUTH_BRUCE

Features and systems

Appliances

WasherDryer

Heating

Forced airNatural gas

Cooling

None
Negative cash flow ~$1,713/mo at these assumptions

Cash on cash

-11.75%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,178

Financing

Down payment$175,000
Loan amount$700,000
Mortgage$4,294/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401
Insurance$80
Maintenance$729
CapEx reserve$365
Vacancy loss$219

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $4,294/mo at 5.49% with 20% down, 25-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 19, 2026.

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