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Investment signal

$274,900

21453 2 Highway

Save this home

Beds

Baths

Sqft

Year

1987

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

This well-maintained duplex is located just outside Amherst and offers a peaceful setting with incredible views of the Tantramar Marsh. Purpose-built as an over/under duplex, the property features two 2-bedroom units along with several recent upgrades, including a durable metal roof. The main-level unit offers a bright open-concept layout with the living room, dining area, and kitchen all flowing together seamlessly. This unit also includes two good-sized bedrooms, a full bathroom, and a convenient laundry room. Currently owner-occupied, this unit could easily rent for approximately $1,500 per month with heat and lights included. The upper unit is accessed by rear exterior stairs and opens into a bright kitchen with a dining area overlooking the marsh. This level also features two large bedrooms, a spacious bathroom with laundry, and a comfortable living room at the front of the home with access to a balcony. The upper unit is currently rented for $1,400 per month with heat and lights included. Whether you choose to live in one unit and generate income from the other, rent both units as an investment property, or accommodate a multi-generational family, this property offers excellent flexibility and potential. Be sure to check out the multimedia link for the 3D tour and book your showing today! (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Fort Lawrence
Common interest
Freehold
Lot size
0.78 acres
Lot dimensions
0.7846
On market
Mar 13, 2026
Status changed
Apr 23, 2026
Photos
44
MLS#
202604549
Area
FORT_LAWRENCE

Features and systems

Parking

Gravel

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryer

Exterior

Vinyl

Flooring

LaminateVinyl

Foundation

Concrete Slab

Lot

Balcony

Community

School BusRecreational Facilities
Positive cash flow ~$616/mo at these assumptions

Cash on cash

13.45%

Cap rate

7.55%

GRM

9.5

Break-even rent

$1,751

Financing

Down payment$54,980
Loan amount$219,920
Mortgage$1,114/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$126
Insurance$80
Maintenance$229
CapEx reserve$115
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: 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 $1,114/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 23, 2026.

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