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Investment signal

$1,049,900

346 LAFONTAINE ROAD W

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Beds

9

Baths

7 full + 2 half

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

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

About this home

Top 5 Reasons You Will Love This Home: 1) Added peace of mind with significant updates, including new shingles, an upgraded flat roof, updated windows, and enhanced insulation, ensuring long-term stability and confidence 2) Cozy main residence offering six bedrooms and four bathrooms, featuring a main level primary suite, open-concept living areas, and a convenient main level laundry, plus a versatile loft and an unfinished basement for extra storage or future development 3) Each of the three self-contained units has been refreshed with new kitchens, modern bathrooms, updated flooring, spacious layouts, and abundant natural light, plus all are currently occupied by quiet, respectful A+ tenants who get along well, ensuring a stable and worry-free investment 4) Enjoy the large insulated shop, ample parking with a paved driveway, and a brand-new septic system adding both practicality and value, with municipal water, proper emergency exits, and close proximity to local amenities 5) With major upgrades completed and units already modernized, this legal fourplex provides consistent rental income with minimal maintenance, allowing the next owner to simply step in and enjoy the long-term benefits. 4,941 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
Lafontaine
Lot dimensions
105 x 209.9 FT
Bedrooms
9 above grade
Parking
15 total
Stories
2
Fireplace
1
On market
Mar 3, 2026
Status changed
Apr 24, 2026
Annual tax
$2,810
Zoning
C5
Photos
38
MLS#
S12837968
Area
TINY_(LAFONTAINE)

Features and systems

Parking

Detached GarageGarage

Basement

Partially finishedFull

Appliances

WasherRefrigeratorStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickAluminum siding

Flooring

CeramicVinyl

Foundation

Stone

Lot

Level lot

View

View
Negative cash flow ~$1,142/mo at these assumptions

Cash on cash

-6.53%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,452

Financing

Down payment$209,980
Loan amount$839,920
Mortgage$4,256/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$481
Insurance$80
Maintenance$875
CapEx reserve$437
Vacancy loss$263

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 $4,256/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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