We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Denzil · Single Family · under $200,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
214 5th STREET
House Hack Your Way to Homeownership! Live in one suite while renting the other and let your tenant help pay your mortgage. Whether you're an investor or a buyer looking to offset your monthly expenses, this versatile raised bungalow offers exceptional value with two self-contained 2-bedroom suites, each featuring its own kitchen, dining area, living room, bathroom, and laundry. Located at 214 5th Street in Denzil, this well-maintained home offers 1,128 sq. ft. on the main level with a fully developed lower suite complete with a separate entrance. The lower-level suite is being sold fully furnished, including furniture and appliances, making it an excellent turnkey rental opportunity. Over the years, the property has seen numerous updates, including windows and shingles (prior to current ownership), main floor flooring and paint, renovated bathroom, updated kitchen with built-in dishwasher, new rear deck, weeping tile, sump pump, concrete basement floor with in-floor heat roughed-in, new eavestroughs, exterior grading, and new south-side deck and railing. Following a plumbing-related water loss in 2023, the basement suite underwent professional restoration with new vinyl plank flooring, fresh paint, updated drywall, doors, bedroom closets, and furnishings, providing peace of mind for future owners. Situated on a generous 97' x 250' lot with mature trees, ample parking, natural gas forced-air heating, and low annual property taxes of approximately $1,800 (2026), this property is ideal for homeowners, investors, or multi-generational living. Move into one suite, rent the other, and start building equity while generating income from day one! Added mentions: double detached garage is included however in need of TLC (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Enclosed porch | 9 × 5.3 feet | |
| Living room | 11.2 × 17.7 feet | |
| Kitchen/Dining room | 10.6 × 13.8 feet | |
| 4pc Bathroom | 7.11 × 8.5 feet | |
| Laundry room | 6.7 × 13.6 feet | |
| Bedroom | 12 × 10 feet | |
| Bedroom | 13 × 10.1 feet | |
| 2pc Ensuite bath | 5 × 3.1 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.9 × 5 feet | |
| Bedroom | 10.1 × 13.9 feet | |
| Office | 10 × 11.2 feet | |
| Bedroom | 8.7 × 10.4 feet | |
| Kitchen/Dining room | 12 × 8.2 feet | |
| Laundry room | 9.9 × 4 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
60.96%
Cap rate
17.06%
GRM
4.8
Break-even rent
$1,103
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 27, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.