$624,900
8 SUMMERSET PLACE
Beds
4
Baths
2
Sqft
—
Year
—
About this home
2 Unit home (Duplex) on a massive in town property 82.30 ft x 164.99 ft/ 0.31 acres in a very nice Angus neighborhood across from retail. Each unit has its own entrance and electrical panel so tenants pay their own hydro. Both units are above grade, bright and spacious with 2 bedrooms & 1 full bath. Units are tenanted so they require 24 hour notice to tenants for showings so please book your viewing with that in mind. Note: This property is beside 190 and 192 Mill Street which are also available for sale making it even more interesting for future development considerations. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- MLS#
- N11945884
- Area
- ESSA_(ANGUS)
Cash on cash
-11.96%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,436
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: 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.