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325 V AVENUE S
Welcome to 325 Avenue V South, a fantastic revenue property offering excellent flexibility for investors and homeowners alike! This beautifully renovated home features a bright and updated 2-bedroom, 1-bathroom main floor with modern finishes and comfortable living spaces. The property also includes a legal 1-bedroom, 1-bathroom basement suite with a separate entrance, providing an excellent mortgage helper or additional rental income opportunity. Situated on a large lot with a huge backyard, this property offers ample parking and storage with both an attached single-car garage and a detached double-car garage—a rare find in this price range. Whether you're a first-time home buyer looking to offset your mortgage with rental income or an investor seeking a turnkey revenue property, this home checks all the boxes. Features: • Renovated 2-bedroom, 1-bathroom main floor • Legal 1-bedroom, 1-bathroom basement suite • Separate entrance to basement suite • Attached single-car garage • Detached double-car garage • Large yard with plenty of outdoor space • Excellent revenue-generating potential • Ideal for investors or first-time buyers • Mortgage helper opportunity Don't miss this versatile property offering both comfortable living and strong income potential! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.6 × 9.11 feet | |
| 4pc Bathroom | 7 × 5 feet | |
| Living room | 13.5 × 10.2 feet | |
| Bedroom | 11.5 × 10.6 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.1 × 12 feet | |
| Bedroom | 11.8 × 10 feet | |
| 4pc Bathroom | 7 × 5 feet | |
| Kitchen | 11 × 10.7 feet | |
| Bedroom | 10.6 × 9.11 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
6.06%
Cap rate
6.08%
GRM
11.3
Break-even rent
$2,055
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 16, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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