$329,000
425, 415 Rossland Avenue
Beds
3
Baths
3
Sqft
—
Year
1904
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Trail. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Located in Trail's historic Gulch neighbourhood, this well-maintained up/down duplex presents a great opportunity for first-time home buyers and investors alike. With quiet, reliable tenants already in place paying current market rental prices, the property offers immediate income and long-term flexibility. The home features two self-contained suites plus a versatile, unfinished lower level, with a total of three bedrooms and three full bathrooms, plus a potential fourth bedroom downstairs. The main-floor suite includes two bedrooms, a full bathroom, kitchen, living room, and convenient mud room, offering a comfortable and functional layout. The upper-level suite features a spacious bedroom, kitchen, full bathroom, and a den currently used as a walk-in closet. The above-ground lower level is unfinished and is currently divided into 3 sections: a shared laundry room and two locked and heated storage units for the tenants' use. This level includes an additional full 4-piece bathroom and provides excellent potential to significantly expand the main-floor suite and enhance future rental income. Also included in this listing is an adjacent flat lot that is fully serviced (power, gas, water, sewer) with R3 zoning which allows for up to 4 principal dwelling units, adding valuable flexibility and future potential. The lot could serve as additional open parking for residents of the duplex and may offer the opportunity to build a garage, potentially with a suite above, subject to approvals. Whether you’re looking to offset your mortgage as a first-time buyer or add a solid property to your investment portfolio, this duplex offers steady income, development potential, and a prime location close to local amenities. (id:65958)
- Subtype
- Single Family
- Architectural style
- Multi-level
- Structure
- Duplex
- Community
- Trail
- Common interest
- Freehold
- Living area
- 1,150 square feet
- Parking
- 5 total
- Stories
- 3
- On market
- Feb 3, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $2,896.66
- Photos
- 37
- MLS#
- 10373818
- Area
- TRAIL
Features and systems
Basement
Heating
Cash on cash
5.55%
Cap rate
5.97%
GRM
11.4
Break-even rent
$2,080
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.