$349,999
241 COLBORNE STREET
Beds
3
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chatham. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Attention investors! Whether you're looking to purchase a turn key property to rent, or looking to live in one unit and rent the other to subsidize your expenses, this property is for you. Completely renovated over the past year, this legal duplex offers a two bedroom unit on the main level, and a one bedroom unit upstairs. Separate entrances, and laundry for both units. Single on demand hot water tank and metre, 2 hydrometers, and one gas metre are available. The lot offers plenty of parking, as well as a convenient location. With the current low interest rates, now is the time to take advantage of this fabulous price! Contact L/S for full details. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Common interest
- Freehold
- Lot dimensions
- 47.57 X 80.58 FT / 0.088 AC
- Bedrooms
- 2 above grade, 1 below grade
- Stories
- 1.5
- On market
- Apr 28, 2026
- Status changed
- Apr 30, 2026
- Zoning
- RL3
- Photos
- 29
- MLS#
- 26009266
- Area
- CHATHAM
Features and systems
Parking
Heating
Exterior
Flooring
Foundation
Lot
Cash on cash
3.14%
Cap rate
5.49%
GRM
12.2
Break-even rent
$2,207
Financing
Operating expenses (monthly)
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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chatham. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.