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Investment signal

$999,000

970-980 CHANDLER STREET

Save this home

Beds

Baths

Sqft

Year

1980

Type

Multi-family

Suite

Investment signal

Location nearby

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

About this home

2 PURPOSE BUILT 4 PLEXES FOR SALE. IDEAL INCOME PROPERTIES. FEATURES INCLUDED: IN SUITE LAUNDRY HOOK UPS FOR ALL UNITS, PLENTY OF ONSITE PARKING, ALL UTILITIES SEPARATELY METERED AND PAID FOR BY TENANTS. UNITS CONSIST OF 6X 2 BEDROOM UNITS AND 2X3 BEDROOM UNITS. CURRENTLY 3 UNITS VACANT. INCOME AND EXPENSE REPORTS AVAILABLE. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Common interest
Freehold
Lot dimensions
243.51 X 74.49 / 0.416 AC
Stories
2
On market
Apr 28, 2026
Status changed
Apr 28, 2026
Zoning
RT EP
Photos
19
MLS#
26009376
Area
DRESDEN

Features and systems

Parking

Other

Heating

Baseboard heatersElectric

Exterior

Aluminum/Vinyl

Flooring

LaminateCeramic/Porcelain

Foundation

Block
Negative cash flow ~$1,086/mo at these assumptions

Cash on cash

-6.52%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,143

Financing

Down payment$199,800
Loan amount$799,200
Mortgage$4,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$416
Vacancy loss$250

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 $4,049/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 28, 2026.

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