$635,000
1121 8 Avenue S
Beds
6
Baths
4.2
Sqft
—
Year
1978
About this home
CHECK OUT OUR 24/7 VIRTUAL OPEN HOUSE. Rare opportunity to own a full side-by-side duplex on a corner lot in a fantastic location just steps from Gordon Terrace Elementary School. Situated on a great street, this well-maintained property offers over 1,200 sq.ft. per side and presents an excellent investment opportunity with great tenants already in place who would love to stay. Each side has been updated and features 3 bedrooms, 1.5 bathrooms, a spacious living room, bright kitchen and dining area, storage room, laundry room, and oversized windows that fill the homes with natural light. Both units also enjoy their own private deck, creating great outdoor living space for tenants or future owner-occupiers. At the rear, there is dedicated parking with enough room for 2 vehicles per side, plus additional street parking for added convenience. Important updates include the roof replaced in 2023, as well as hot water tanks replaced in 2022 and 2024. Whether you are looking to expand your investment portfolio, live in one side and rent the other, or secure a versatile income-producing property in a strong location, this full duplex is a rare find. (id:65958)
- Subtype
- Single Family
- Lot size
- 0.13 acres
- MLS#
- 10378987
- Area
- CRANBROOK
Cash on cash
-10.83%
Cap rate
3.72%
GRM
16.0
Break-even rent
$4,507
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 15, 2026.