$649,000
70 WELLINGTON STREET S
Beds
4
Baths
2
Sqft
—
Year
—
About this home
Attention Investors Turnkey 2-Unit Property in Prime Downtown Location! Exceptional opportunity to own a fully tenanted, turnkey duplex just steps from two major transit lines, the GO Station, and all the vibrant amenities of downtown. Both units are updated and income-generating, making this a hassle-free investment with strong rental appeal. Property Highlights :Two self-contained units turnkey and tenant-ready. Unbeatable location steps to transit, GO Station, shops, and dining 24-hour notice for showings. Ideal for investors seeking a low-maintenance, income-producing asset in a high-demand area. Don't miss this opportunity to expand your portfolio with a quality downtown property (id:65958)
- Subtype
- Single Family
- MLS#
- X12989584
- Area
- HAMILTON_(CORKTOWN)
Cash on cash
-11.89%
Cap rate
3.51%
GRM
16.6
Break-even rent
$4,604
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 13, 2026.