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Investment signal

$249,000

10 Forest St Extension

Save this home

Beds

Baths

Sqft

Year

1900

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

Whether youre looking to expand your portfolio or make your first investment, this property checks all the boxes. With everything within walking distance, it offers strong rental appeal, added convenience for tenants, and confidence for investors. The main-floor unit boasts a new kitchen with updated appliances, a renovated bathroom, and a cozy propane fireplace. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Inverness
Common interest
Freehold
Lot size
0.11 acres
Lot dimensions
0.1148
On market
Dec 19, 2025
Status changed
Apr 17, 2026
Photos
2
MLS#
202529614
Area
INVERNESS

Features and systems

Parking

Gravel

Basement

Crawl space

Exterior

Vinyl

Flooring

Vinyl

Foundation

Stone
Positive cash flow ~$765/mo at these assumptions

Cash on cash

18.44%

Cap rate

8.55%

GRM

8.6

Break-even rent

$1,594

Financing

Down payment$49,800
Loan amount$199,200
Mortgage$1,009/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$114
Insurance$80
Maintenance$208
CapEx reserve$104
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 $1,009/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 17, 2026.

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