Investment signal

$649,000

12 GEORGE STREET WEST STREET

Beds

3

Baths

3

Sqft

Year

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

Triplex in Havelock consisting of 3 one bedroom apartments. The first unit consists of a kitchen, dining room, living room, bedroom and a 4 pc. bath. The second unit is upstairs and consists of a large eat-in kitchen, a living room, a bedroom and a 3 pc. bath. The 3rd unit consists of a living room, kitchen, bedroom and a 4 pc. bath. Fully tenanted. Tenants pay their own hydro. (id:65958)

Subtype
Single Family
Structure
House
Community
Havelock
Common interest
Freehold
Lot dimensions
66 x 165 FT
Bedrooms
3 above grade, 0 below grade
Parking
2 total
Stories
2
On market
Apr 15, 2026
Status changed
Apr 15, 2026
Annual tax
$2,455.7
Zoning
C1-2
Photos
1
MLS#
X12999298
Area
HAVELOCK-BELMONT-METHUEN_(HAVELOCK)

Features and systems

Parking

No Garage

Basement

UnfinishedPartial

Appliances

RefrigeratorStove

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Concrete
Negative cash flow ~$1,286/mo at these assumptions

Cash on cash

-11.89%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,604

Financing

Down payment$129,800
Loan amount$519,200
Mortgage$3,185/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$297
Insurance$80
Maintenance$541
CapEx reserve$270
Vacancy loss$163

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 Havelock-Belmont-Methuen (Havelock). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,185/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 15, 2026.

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