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Investment signal

$399,000

44 Adams Avenue

Beds

Baths

Sqft

—

Year

1973

Location

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About this home

NOW HERE'S A GREAT INVESTMENT OPPORTUNITY! Situated in Botwood is this four unit investment property with each units main floor featuring, kitchen/dining combo, living room, front and rear exits. Furthermore, second floor(s) feature three bedrooms and full bath, as well as full open basements with laundry. Property, contains vinyl windows and siding, and each unit is heated with electric baseboard heat. Ample parking located at the rear for tenants, plus newly developed parking at the front, ground work completed around the building with new front steps and back deck.. This property in the last several years has had many upgrades, including new shingles in 2020, new flooring throughout, interior doors, washer/dryers, mouldings, weeping tile replaced around the building, new sewer line installed, new kitchen countertop and sinks, new bathroom vanity and some new bathtub surrounds and exterior doors. (id:65958)

Subtype: Other
Structure: Multi-Family
Common interest: Freehold
Living area: 3,984 square feet
Lot dimensions: 120 X100
On market: Apr 14, 2026
Status changed: Apr 14, 2026
Annual tax: $2,388 (2026)
Zoning: Residential
Photos: 10
MLS#: 1296165
Area: BOTWOOD

Features and systems

Heating

Baseboard heatersElectric

Exterior

Vinyl siding

Flooring

LaminateOther

Foundation

Concrete

Negative cash flow ~$440/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-6.61%

Cap rate

4.57%

GRM

13.9

Break-even rent

$2,863

Financing

Down payment$79,800

Loan amount$319,200

Mortgage$1,958/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183

Insurance$80

Maintenance$333

CapEx reserve$166

Vacancy loss$120

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

Mortgage estimate

Estimated $1,958/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 14, 2026.