$269,000
217-219 Albert Street
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About this home
Welcome to this charming duplex located in one of New Glasgows most desirable and convenient neighbourhoods. Whether youre just starting your investment portfolio or looking for a smart way to offset your mortgage, this property offers incredible potential. Featuring two separate units, the main floor offers a cozy one bedroom layout, while the upper unit includes two bedrooms plus a den, perfect for families or tenants needing a bit of extra space. Theres also an additional attic area that, with some TLC, could be transformed into even more usable living space. Full of character and charm, this property blends opportunity with functionality. Live in one unit while renting out the other, or add it to your portfolio as a solid income generating property. Ideally situated within walking distance to shops, restaurants, schools, and all amenities in the town of New Glasgow, this is a location tenants will love. Dont miss your chance to get into the market with this versatile and affordable investment! (id:65958)
- Subtype
- Multi-family
- Lot size
- 0.17 acres
- MLS#
- 202607883
- Area
- NEW_GLASGOW
Cash on cash
9.37%
Cap rate
7.76%
GRM
9.3
Break-even rent
$1,958
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.