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Investment signal

$289,000

5 Armstrong Avenue

Save this home

Beds

3

Baths

1

Sqft

Year

1929

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

1/2 Duplex Move in Ready in Townsite!! Located in a central area of town, this 3 bed 1 bath duplex sits awaits its new owner! Offering a lot of its original charm , this home has been well kept up over the years. Heated with electric base boards ( 200 amp service) , this property is cozy and inviting. High ceilings in the bedrooms for a property of its age. The smallest bedroom currently used as an office, contains access to a loft, which can have many uses. Beautiful yard outside to enjoy the warmer months of the year. Furnishings can be negotiated in the sale!! Location is key here! Dont miss out (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
1,200 square feet
Lot dimensions
31x75
Bedrooms
3 above grade, 0 below grade
Stories
1
On market
Apr 10, 2026
Status changed
Apr 15, 2026
Annual tax
$2,058 (2026)
Zoning
red
Photos
20
MLS#
1296011
Area
CORNER_BROOK

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Exterior

Vinyl siding

Flooring

HardwoodMarbleCarpetedOtherCeramic

Foundation

Concrete
Positive cash flow ~$535/mo at these assumptions

Cash on cash

11.10%

Cap rate

7.08%

GRM

10.0

Break-even rent

$1,837

Financing

Down payment$57,800
Loan amount$231,200
Mortgage$1,171/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$132
Insurance$80
Maintenance$241
CapEx reserve$120
Vacancy loss$120

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 $1,171/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 15, 2026.

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