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Investment signal

$389,000

15-17 JANE STREET

Beds

—

Baths

—

Sqft

—

Year

1900

Location

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About this home

Discover a premier investment opportunity at 15-17 Jane Street, perfectly positioned in the charming community of Ridgetown. Located near the University of Guelph (Ridgetown Campus), this well maintained duplex offers the ultimate flexibility: live in one side while rental income keeps the mortgage affordable, or rent both for maximum cash flow! Unit 17 (The Modern Suite): Fully renovated from top to bottom. Features include brand-new flooring and lighting throughout, a contemporary kitchen, and a refreshed 4-piece bath. The upper level hosts two spacious bedrooms, including a primary with a 2-piece ensuite/laundry combo. Unit 15 (The Family Classic): A spacious layout featuring distinct living and dining areas, a functional pantry/laundry room, and three bedrooms on the second floor. Equipped with central air for year-round comfort. Peace of mind comes standard with a new main roof (2024), separate utility meters, and updated gas furnaces for both units. The exterior boasts a detached 2-car garage, separate fenced yards for privacy, and a stunning brick patio and side deck off Unit 17. Whether you are a seasoned investor or a first-time buyer, this property is a proven winner. Call now! (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Lot dimensions: X / 0.306 AC
Stories: 2
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $1,995.83 (2026)
Zoning: RL3
Photos: 39
MLS#: 26008180
Area: RIDGETOWN

Features and systems

Parking

Other

Heating

Forced airNatural gasFurnace

Cooling

Partially air conditioned

Exterior

Brick

Flooring

LaminateCarpetedCushion/Lino/Vinyl

Negative cash flow ~$374/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-5.76%

Cap rate

4.74%

GRM

13.5

Break-even rent

$2,793

Financing

Down payment$77,800

Loan amount$311,200

Mortgage$1,909/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$178

Insurance$80

Maintenance$324

CapEx reserve$162

Vacancy loss$120

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 Ridgetown. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,909/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 17, 2026.