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Investment signal

$169,900

189 LANG STREET

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

DUPLEX. 3 BEDROOM 2 STORY FRONT UNIT $1,150 A MONTH. ONE BEDROOM ONE STORY REAR UNIT VACANT. BOTH TENANTS PAY THEIR OWN UTILITIES. SEPARATE HYDRO METERS. EACH UNIT HAS ITS OWN LAUNDRY & PARKING. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Cobalt
Lot dimensions
44.3 x 89.2 FT ; 44.32' X 89.15'
Bedrooms
4 above grade, 0 below grade
Parking
2 total
Stories
2
On market
Oct 17, 2025
Status changed
Apr 27, 2026
Annual tax
$3,043.61
Zoning
R
Photos
24
MLS#
T12467321
Area
COBALT

Features and systems

Parking

No Garage

Basement

UnknownUnknownUnknown

Appliances

DryerTwo stovesTwo WashersTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Unknown

Exterior

Vinyl siding

Foundation

Unknown

Utilities

SewerElectricityCable
Positive cash flow ~$1,696/mo at these assumptions

Cash on cash

59.90%

Cap rate

16.84%

GRM

4.9

Break-even rent

$1,115

Financing

Down payment$33,980
Loan amount$135,920
Mortgage$689/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78
Insurance$80
Maintenance$142
CapEx reserve$71
Vacancy loss$145

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 $689/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 27, 2026.

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