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Investment signal

$848,000

31 CHURCH STREET

Save this home

Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

Fantastic opportunity to grow your rental portfolio. This solid, all brick 6 unit has 5 2-bedroom units and 1 1-bedroom. 3 of the 6 units have been recent renovated. The basement 1 bedroom is currently vacant. In-house coin-op laundry to add income. Ample parking on site. Heat and hydro are not included in rents. Please note that the one vacant unit and common spaces will be viewed upon a 1st showing, and tenanted spaces will be viewed with a conditional accepted offer. Don't hesitate to reach out! (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
705 - Chesterville
Living area
0 square feet
Lot dimensions
120 x 137 FT ; 1
Parking
10 total
On market
Dec 17, 2025
Status changed
Apr 24, 2026
Annual tax
$6,653
Zoning
Com
Photos
26
MLS#
X12639436
Area
NORTH_DUNDAS

Features and systems

Heating

Baseboard heaters

Cooling

Unknown
Negative cash flow ~$929/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,227

Financing

Down payment$169,600
Loan amount$678,400
Mortgage$3,437/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$389
Insurance$80
Maintenance$707
CapEx reserve$353
Vacancy loss$213

Estimates 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.

Mortgage estimate

Estimated $3,437/mo at 4.5% with 20% down, 30-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 24, 2026.

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