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Investment signal

$874,999

211 CANBOROUGH Street

Beds

5

Baths

2

Sqft

Year

Location

See the block, not just the house.

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About this home

An absolute must see!! You will fall in love with this home as soon as you walk through the doors! If there was one word to describe this home, it would be opportunity. 211 Canborough Street is already set up as a legal duplex, offering a great opportunity for rental income or comfortable multigenerational living. For buyers ready to move up from a smaller space, this home provides the room a growing family needs along with the beautiful character found in older homes. Move in today and gradually bring each room back to life, this home is truly a decorator’s dream. With nearly 3,000 square feet of usable living space, there is no shortage of room here. The home features five bedrooms, a massive kitchen and dining area, plus a second kitchen upstairs, three living/family rooms, a bonus sunroom, and laundry on both levels offering flexibility for a growing family or a multigenerational setup. And if all that indoor living wasn’t enough, the backyard offers even more to enjoy. Set on just under half an acre, a rare oversized lot in Smithville, this property features plenty of privacy in a beautiful green space along with a shed and workshop, and a fenced yard perfect for relaxing, gardening, or family time. All of this while being located just minutes from the downtown core in the welcoming community of Smithville. Whether you are looking for a five bedroom home with room to grow, a multigenerational living opportunity, or a legal duplex with income potential, this property offers flexibility that is hard to find. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
057 - Smithville
Common interest
Freehold
Living area
2,860 square feet
Lot size
0.41 acres
Lot dimensions
0.409
Parking
8 total
Stories
2
On market
Mar 20, 2026
Status changed
Apr 18, 2026
Annual tax
$5,462.79
Zoning
R1H
Photos
49
MLS#
40813247
Area
SMITHVILLE

Features and systems

Basement

UnfinishedCrawl space

Heating

Forced air

Cooling

None

Exterior

Stucco

Foundation

Stone

Lot

Crushed stone drivewaySump Pump

Community

School BusCommunity Centre
Negative cash flow ~$1,713/mo at these assumptions

Cash on cash

-11.75%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,178

Financing

Down payment$175,000
Loan amount$699,999
Mortgage$4,294/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401
Insurance$80
Maintenance$729
CapEx reserve$365
Vacancy loss$219

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 Smithville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,294/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 18, 2026.

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