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Investment signal

$409,900

307 PRINCE (LANE) STREET

Beds

Baths

Sqft

—

Year

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About this home

This is a turnkey opportunity for investors seeking multi-unit revenue or buyers looking for a primary residence with significant equity-building potential. Main floor apartment and basement are currently vacant. Upper apartment has been there for awhile and is month-to-month, all inclusive rent. The upper apartment offer 2 bedrooms, an eat-in kitchen, living room, a 4pc. bath, laundry room and includes a 17'7x9'7 deck as well as more living space on the 3rd storey. The main floor apartment is vacant and offers 2 bedrooms, an eat-in kitchen, living room, a 4pc. bath and a laundry area. The lower level offers 1 bedroom, a kitchen, dining area, living room and a 3pc. bath. Central vac is roughed-in on all 3 floors. The lot is 66'x148.5' & fronts onto two roads, which make it a good candidate for building a 2nd dwelling or possibly building onto the existing building. Could also be converted back to a home. Opportunities are available here! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: Brockton
Lot dimensions: 66 x 148.5 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 4 total
Stories: 2.5
On market: Apr 10, 2026
Status changed: Apr 13, 2026
Annual tax: $3,260
Zoning: R1
Photos: 38
MLS#: X12984632
Area: BROCKTON

Features and systems

Parking

No Garage

Basement

FinishedFullWalk out

Appliances

Water meterWater Heater

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

StonePoured Concrete

Community

Community Centre

Utilities

SewerElectricity

Positive cash flow ~$343/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

5.02%

Cap rate

6.89%

GRM

10.4

Break-even rent

$2,939

Financing

Down payment$81,980

Loan amount$327,920

Mortgage$2,012/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$188

Insurance$80

Maintenance$342

CapEx reserve$171

Vacancy loss$165

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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Brockton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,012/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 13, 2026.