$565,000
130 NORTH WATER Street
Beds
4
Baths
2
Sqft
—
Year
1957
About this home
Welcome to a wonderful investment opportunity in the heart of Mount Forest—perfectly positioned with peaceful views overlooking the Saugeen River. This solid duplex features two bright and well-kept 1-bedroom, 1-bath units, each offering comfortable living spaces and great natural light. Both units benefit from generous storage, practical layouts, and easy access to outdoor space, giving tenants the best of small-town living with a touch of nature right outside their door. Whether you’re looking to add to your portfolio or step into your first multi-unit property, this one checks the boxes: steady income potential, quiet location, and scenic surroundings. Both units are now vacant. A lovely blend of lifestyle and value—right here in Mount Forest. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Lot size
- 0.17 acres
- MLS#
- 40787978
- Area
- MOUNT_FOREST
Cash on cash
-11.29%
Cap rate
3.63%
GRM
16.2
Break-even rent
$4,019
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 19, 2026.