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Investment signal

$954,900

1, 2, 3 - 201 BOURDEAU BOULEVARD

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Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for The Nation. 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 triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won't want to miss (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
616 - Limoges
Living area
3,000 square feet
On market
Feb 5, 2026
Status changed
Apr 24, 2026
Annual tax
$8,060.74 (2025)
Zoning
R1-1
Photos
32
MLS#
X12764228
Area
THE_NATION

Features and systems

Appliances

Dishwasher

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$1,046/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,876

Financing

Down payment$190,980
Loan amount$763,920
Mortgage$3,871/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$438
Insurance$80
Maintenance$796
CapEx reserve$398
Vacancy loss$239

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 $3,871/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 24, 2026.

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