$565,000
130 NORTH WATER Street
Beds
4
Baths
2
Sqft
—
Year
1957
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to a wonderful investment opportunity in the heart of Mount Forest—perfectly positioned with peaceful views overlooking the Saugeen River. This solid duplex features two bright and well-kept 1-bedroom, 1-bath units, each offering comfortable living spaces and great natural light. Both units benefit from generous storage, practical layouts, and easy access to outdoor space, giving tenants the best of small-town living with a touch of nature right outside their door. Whether you’re looking to add to your portfolio or step into your first multi-unit property, this one checks the boxes: steady income potential, quiet location, and scenic surroundings. Both units are now vacant. A lovely blend of lifestyle and value—right here in Mount Forest. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- 72 - Mount Forest
- Common interest
- Freehold
- Living area
- 2,045 square feet
- Lot size
- 0.17 acres
- Lot dimensions
- 0.168
- Bedrooms
- 2 above grade, 2 below grade
- Parking
- 4 total
- Stories
- 1
- Fireplace
- 1
- On market
- Nov 15, 2025
- Status changed
- Apr 19, 2026
- Annual tax
- $2,692.83
- Zoning
- R2
- Photos
- 34
- MLS#
- 40787978
- Area
- MOUNT_FOREST
Features and systems
Basement
Appliances
Heating
Cooling
Exterior
Construction
Lot
Community
View
Waterfront
Utilities
Security
Cash on cash
-11.29%
Cap rate
3.63%
GRM
16.2
Break-even rent
$4,019
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: 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 Mount Forest. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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 19, 2026.