$349,900
2048 ALBERT STREET S
Beds
4
Baths
3.1
Sqft
—
Year
—
About this home
Own a piece of history at 2048 Albert in the heart of Gorrie-a rare and exciting opportunity for developers, investors, or visionaries looking to bring new life to a timeless structure. This character-filled former church sits proudly on a desirable corner lot in a quiet, family-friendly neighbourhood, just steps from the community centre and local schools. With over 3,000 sq. ft. of space, much of the groundwork for conversion has already been completed, offering a head start on transforming this solid structure into a truly one-of-a-kind residence or investment property. Currently laid out with 4 bedrooms and 3 bathrooms, the possibilities here are endless-whether you're dreaming of a stunning church-to-home conversion, multi-unit potential, or a unique live/work space. Preserve the charm, showcase the architectural details, and create something extraordinary while keeping a piece of history alive. Opportunities like this don't come often-bring your vision and unlock the full potential of this remarkable property. (id:65958)
- Subtype
- Single Family
- MLS#
- X13001290
- Area
- HOWICK
Cash on cash
6.17%
Cap rate
7.12%
GRM
10.1
Break-even rent
$2,521
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 19, 2026.