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Investment signal

$1,398,880

2652 Blackwood St

Beds

9

Baths

3

Sqft

Year

1912

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

**2652 Blackwood st– Exceptional Investment Opportunity!** A beautifully renovated property in the heart of the Hillside area, perfectly set up for maximum rental income. This versatile home features three self-contained suites, each thoughtfully updated for comfortable, modern living. Top floor two-bedroom suite offers a sweeping city views from the private balcony. It's perfect for tenants seeking tranquility and style. The main four-bedroom suite is ideal for families or groups, featuring a cozy fireplace and a generous patio—perfect for relaxing or entertaining friends. It has been renovated with a brand new kitchen, floor and paint. Another 3 bedroom suite at lower level adds more investment value to the property. Each unit is equipped with its own in-suite laundry. Enjoy convenient back alley access, leading to an outbuilding- perfect for use as a garage or workshop. Whether you are looking to maximize your investment portfolio or seeking a multi generation living solution, this property is a rare opportunity you don't want to miss! (id:65958)

Subtype
Single Family
Structure
House
Community
Hillside
Common interest
Freehold
Living area
3,477 square feet
Lot size
6,098 square feet
Lot dimensions
6098
Parking
3 total
Fireplace
1
On market
Mar 10, 2026
Status changed
Apr 16, 2026
Annual tax
$6,149.17
Zoning
Residential
Photos
46
MLS#
1028212
Area
VICTORIA

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectricWood

Cooling

None
Negative cash flow ~$2,685/mo at these assumptions

Cash on cash

-11.52%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,827

Financing

Down payment$279,776
Loan amount$1,119,104
Mortgage$6,866/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
CapEx reserve$583
Vacancy loss$350

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $6,866/mo at 5.49% with 20% down, 25-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 16, 2026.

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