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Investment signal

$599,000

142 ELLEN STREET

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Beds

Baths

2 full + 1 half

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

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

About this home

Welcome to this well maintained bungalow in Atwood Station! This beautiful bungalow was recently built and features 9 footceilings on the main floor, 2 washrooms, 2 bedrooms, and a great room with walk out slider to the yard. You will findengineered oak hardwood throughout the main floor with plush broadloom in the main floor bedrooms. This bungalow is alsosituated on a premium lot from the builder, and features a very aesthetically pleasing exterior. Rough-in's include for CAT-6wiring as well as a 3-piece bathroom in the lower level. Large unfinished lower offers space for rec room as well as 3rdbedroom. (id:65958)

Subtype: Multi-family
Architectural style: Bungalow
Structure: Duplex
Community: Elma
Lot dimensions: 60 x 101.5 FT
Bedrooms: 2 above grade
Parking: 4 total
Stories: 1
On market: Mar 5, 2026
Status changed: Apr 15, 2026
Annual tax: $3,824
Photos: 25
MLS#: X12851800
Area: NORTH_PERTH_(ELMA)

Features and systems

Parking

Attached GarageGarage

Basement

UnfinishedN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Hardwood

Foundation

Poured Concrete

Negative cash flow ~$681/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.82%

Cap rate

3.50%

GRM

16.6

Break-even rent

$3,717

Financing

Down payment$119,800

Loan amount$479,200

Mortgage$2,428/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$499

CapEx reserve$250

Vacancy loss$150

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

Estimated $2,428/mo at 4.5% with 20% down, 30-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 15, 2026.