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Investment signal

$525,000

2099 BLAIR Street Unit# A&B

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Beds

Baths

Sqft

—

Year

1963

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Merritt. 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 FULL duplex, offering incredible flexibility and value. Each side features 2 bedrooms and 1 bathroom with a bright, functional layout that feels warm and inviting. Side B has been tastefully updated, while both sides provide comfortable living, filled with natural light. This property is perfect for investors, with strong rental income already in place—Side A currently rents for $979.14/ month and Side B for $1,600/ month plus utilities. It’s also an excellent opportunity for first-time home buyers looking to offset their mortgage by living in one side and renting out the other. Ideal as well for those downsizing with a mortgage helper or for multi-family living arrangements. Each unit includes its own covered carport, adding everyday convenience and value. Whether you’re looking to invest, live, or both, this duplex checks all the boxes. All measurements are approximate. (id:65958)

Subtype: Single Family
Architectural style: Ranch
Structure: Duplex
Community: Merritt
Common interest: Freehold
Living area: 1,467 square feet
Lot size: 0.13 acres
Lot dimensions: 0.13
Stories: 1
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $3,497
Photos: 28
MLS#: 10384047
Area: MERRITT

Features and systems

Parking

CarportStreetAdditional Parking

Basement

Crawl space

Appliances

RefrigeratorRangeWasher & Dryer

Heating

Forced airSee remarks

Flooring

Mixed Flooring

Negative cash flow ~$350/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

-4.00%

Cap rate

4.06%

GRM

15.1

Break-even rent

$3,268

Financing

Down payment$105,000

Loan amount$420,000

Mortgage$2,128/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241

Insurance$80

Maintenance$438

CapEx reserve$219

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 $2,128/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 20, 2026.