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Investment signal

$1,599,999

UNIT B - 249 LIBERTY STREET N

Beds

6

Baths

1

Sqft

2,526

Year

About this home

Check out this Brand New Semi-Detached multi-plex! To be completed August 2026. Featuring 3 units. Two, 2 bedroom apartments & a two bedroom detached unit. UNIT 1: Main floor 726 Sq Ft. Two Bedrooms, 4 pc Bath, 2 pc powder room walkout to deck. UNIT 2: Upper 888 Sq Ft Two bedrooms, 4 pc bath walkout to deck. UNIT 3: ADU DETACHED 912 Sq Ft Two Bedrooms, 4 pc bath, 2 pc powder rm walk out to yard. Laundry in every unit. Also features a fully finished basement with walk-out. All utilities metered separately. Taxes to be assessed upon completion. (id:65958)

Subtype
Multi-family
MLS#
E13010268
Area
CLARINGTON_(BOWMANVILLE)
Negative cash flow ~$3,066/mo at these assumptions

Cash on cash

-11.50%

Cap rate

3.59%

GRM

16.7

Break-even rent

$11,227

Financing

Down payment$320,000
Loan amount$1,279,999
Mortgage$7,853/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$667
Vacancy loss$400

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

Estimated $7,853/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 17, 2026.

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