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Investment signal

$799,900

36 Victoria AVENUE South

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Beds

—

Baths

—

Sqft

—

Year

2024

Type

Multi-family

Suite

Investment signal

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Location nearby

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

About this home

This two-year-old duplex is a solid investment opportunity in the heart of Leamington. Built with quality construction finishes, this property offers low maintenance and immediate income potential. Each unit features two bedrooms and one bathroom, with functional layout that appeal to a wide range of tenants. All appliances are included in both units, allowing for a seamless transition for new ownership. The benefits of newer construction extend well beyond aesthetics. Updated mechanical systems, modern electrical, and more predictable expenses and stronger returns. Flexible possession options are available. Assume existing tenants and start generating income from day one, or take vacant possession to select your own tenants or occupy one unit while renting the other. Reach out today for rent roll and utility amounts. (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Lot dimensions: 56.25 FT X 117.71 FT / 0.152 AC
Stories: 1
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Zoning: R2
Photos: 32
MLS#: 26008879
Area: LEAMINGTON

Features and systems

Parking

Other

Heating

Natural gasFurnace

Cooling

Central air conditioning

Exterior

BrickAluminum/Vinyl

Flooring

Cushion/Lino/Vinyl

Foundation

Concrete

Negative cash flow ~$889/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980

Loan amount$639,920

Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367

Insurance$80

Maintenance$667

CapEx reserve$333

Vacancy loss$200

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 $3,242/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 22, 2026.