$824,888
142 SUMMER STREET
Beds
4
Baths
3
Sqft
—
Year
2018
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Belle River. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Exceptional investment opportunity in Belle River. 142 Summer Street is a raised ranch with a bonus room offering four bedrooms, three bathrooms, plus an office, currently rented for $3,200 per month. Spacious primary bedroom with a designer ensuite, attached garage, and a fully fenced backyard. Ideal location close to schools, shopping, dining, and quick Highway 401 access, delivering strong tenant demand and reliable cash flow. (id:65958)
- Subtype
- Single Family
- Architectural style
- Raised Ranch w/ Bonus Room
- Structure
- House
- Common interest
- Freehold
- Lot dimensions
- 50.2 X 119.75 FT
- Bedrooms
- 4 above grade, 0 below grade
- On market
- Apr 22, 2026
- Status changed
- Apr 22, 2026
- Zoning
- RES
- Photos
- 44
- MLS#
- 26008916
- Area
- BELLE_RIVER
Features and systems
Parking
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Cash on cash
-6.65%
Cap rate
3.53%
GRM
16.7
Break-even rent
$5,087
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 22, 2026.