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Foreclosure signalInvestment signal

$2,399,900

1,2,3,4,5 - 809-811 HILMOR TERRACE S

Save this home

Beds

13

Baths

6

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

FIVE WATERFRONT INCOME HOMES, ONE PARCEL OF LAND, ONE GREAT PRICE!POSITIVE CASH FLOW FROM DAY ONE OF PURCHASE!! INVESTORS DREAM "A ONE-OF-A-KIND FAMILY COMPOUND of FIVE (5) TOTALLY RENOVATED HOMES ON A PRIME WATERFRONT Parcel on St Lawrence River". 2024 Gross Rental Income of $234,000. Seller offering stunning $1.5 Mill (approx) VTB reassignment option for qualified purchaser. Family Retreat/Compound of (1) main house and (4) additional Fully Renovated Waterfront winterized homes on One Large Oasis . All FIVE homes have been extensively renovated and upgraded. Upgrades Incl. Newer Roofs, Newer Flooring, kitchens, windows, furnaces, decks, electrical panels, 3 Hot Tubs, (1) Sauna, 170 ft retaining wall, aluminum dock and massive shoreline deck . Enhance your investment portfolio as this property is a recipe for success. Totally Turnkey! Excellent positive Income/cash flow with AirB&B business with established with repeat Income. Guests and Tenants enjoy the massive ships as they pass by. These 5 Getaway waterfront properties are a RARE FIND. Don't miss out on this Family compound Retreat investment. Perfect purchase for a large established family wanting to each own their own retreat on the water. Properties Sold "AS IS, WHERE IS". Financial details available upon request, book your private showing today. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
811 - Elizabethtown Kitley (Old Kitley) Twp
Common interest
Freehold
Lot dimensions
170 x 428.3 FT ; 1
Bedrooms
11 above grade, 2 below grade
Parking
15 total
Stories
1
Fireplace
1
On market
Jun 19, 2025
Status changed
Apr 24, 2026
Annual tax
$9,622
Zoning
Residential
Photos
50
MLS#
X12234134
Area
ELIZABETHTOWN-KITLEY

Features and systems

Parking

Attached GarageGarage

Basement

FullPartial

Appliances

WasherRefrigeratorWater meterHot TubSaunaDishwasherStoveDryerWater TreatmentFurnitureWater Heater

Heating

Forced airPropane

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Foundation

Block

Lot

Irregular lot sizeLightingSauna

Community

Fishing

View

River viewDirect Water View

Waterfront

Waterfront on river

Utilities

Electricity
Negative cash flow ~$2,508/mo at these assumptions

Cash on cash

-6.27%

Cap rate

3.61%

GRM

16.7

Break-even rent

$14,640

Financing

Down payment$479,980
Loan amount$1,919,920
Mortgage$9,728/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,100
Insurance$80
Maintenance$2,000
CapEx reserve$1,000
Vacancy loss$600

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 $9,728/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 24, 2026.

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