$329,900

34 Park AVENUE West

Beds

Baths

Sqft

—

Year

1904

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About this home

It's your choice of single family residential or a duplex if you're looking for income.(Set your rent). Two storey structure with double car garage and full gravel driveway with option of front entrance off Park Ave or to the rear alley way. Built in 1904 with three bedrooms and two baths. Close to shopping and bussing. Lets take a look. (id:65958)

Subtype: Single Family
MLS#: 26008504
Area: CHATHAM

Positive cash flow ~$17/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

0.31%

Cap rate

5.95%

GRM

11.5

Break-even rent

$2,382

Financing

Down payment$65,980

Loan amount$263,920

Mortgage$1,619/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$151

Insurance$80

Maintenance$275

CapEx reserve$137

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.

Mortgage estimate

Estimated $1,619/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 18, 2026.

About this home

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Mortgage estimate