$250,000
6 MALCOLM STREET
Beds
0
Baths
—
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Huron-Kinloss. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Great investment property in Ripley for a handy man to design and add finishing touches to this gutted home, under construction. Ground floor is open, with stairs leading to an open concept second story. Back area could also be framed and finished to allow further living space. Brand new roof on existing building with vents installed. There is opportunity to continue the work at buyer's due diligence or demolish and build your dream home. Hydro and gas are at the lot line and sewer, and water are available. Property being sold "As Is, Where Is". Home is not to be entered without a Licensed Realtor. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Huron-Kinloss
- Common interest
- Freehold
- Lot dimensions
- 66 x 132 FT
- Bedrooms
- 0 above grade
- Parking
- 2 total
- Stories
- 1.5
- On market
- Apr 28, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $1,552 (2026)
- Zoning
- R1
- Photos
- 6
- MLS#
- X13052578
- Area
- HURON-KINLOSS
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
-4.57%
Cap rate
3.95%
GRM
14.9
Break-even rent
$1,600
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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Huron-Kinloss. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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 28, 2026.