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Investment signal

$599,900

607-615 GILLETT STREET

Beds

Baths

Sqft

—

Year

1961

Location

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About this home

Well maintained and clean 3 unit duplex in a great area!! Centrally located offering walking distance to the hospital and shopping. Downstairs is the biggest unit with 3 bedrooms and a large open living space. Both the upstairs units offer 2 bedrooms and big bright living areas. All the units are in really good condition with good tenants in place currently paying $4205 a month total. There is a shared laundry, ample parking, large double lot with 2 titles and a massive yard. Good turnkey investment or a great opportunity to live in one unit and have the others pay the mortgage. (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Living area: 2,678 square feet
Lot size: 6,000 square feet
Lot dimensions: 6000
Stories: 2
On market: Mar 9, 2026
Status changed: Apr 14, 2026
Annual tax: $5,976.21 (2025)
Photos: 33
MLS#: R3097623
Area: PRINCE_GEORGE

Features and systems

Parking

Open

Basement

FinishedN/A

Appliances

RefrigeratorStoveWasher/Dryer Combo

Heating

Forced airNatural gas

Exterior

Vinyl siding

Roof

Asphalt shingleConventional

Foundation

Concrete Block

Negative cash flow ~$402/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

-4.02%

Cap rate

4.06%

GRM

15.1

Break-even rent

$3,723

Financing

Down payment$119,980

Loan amount$479,920

Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$500

CapEx reserve$250

Vacancy loss$165

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,432/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 14, 2026.