$599,900
13 TALBOT Street E
Beds
4
Baths
3
Sqft
—
Year
1900
About this home
Located in the heart of downtown Cayuga, this versatile property offers a remarkable investment opportunity with the rare advantage of Downtown Commercial Zoning while currently operating as a three-unit residential home. The 1,969 sq. ft. interior features four bedrooms and two bathrooms across its functional units, complemented by a large unfinished attic and a full basement for ample storage. Situated on a generous 62' x 132' lot, the property includes a massive crushed stone driveway with parking for up to 10 vehicles, making it ideal for both residential tenants or a future commercial enterprise. Its high-visibility location is just steps from local amenities, schools, and the Grand River, providing a strategic best of both worlds scenario for investors or business owners looking to capitalize on a high-traffic corridor only 30 minutes from Hamilton (id:65958)
- Subtype
- Single Family
- Architectural style
- 3 Level
- Lot size
- 0.19 acres
- MLS#
- 40804128
- Area
- CAYUGA
Cash on cash
-11.99%
Cap rate
3.49%
GRM
16.7
Break-even rent
$4,262
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 16, 2026.