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Investment signal

$219,700

29 Gabourie Road

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Beds

—

Baths

—

Sqft

—

Year

1979

Type

Multi-family

Suite

Investment signal

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Location nearby

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

About this home

MULTI-FAMILY PROPERTY MAGNIFICIENT AREA WITHOUT NEIGHBORS IN THE BACK YARD. TWO (2) APPARTEMENTS WITH ONE OF TWO (2) BEDROOMS AND ONE WITH ONE (1) BEDROOM, EXTREMELY WELL MAINTAINED. VERY NICE AND COZY BACK YARD , YOU WILL FIND A GAZEBO, WOOD SHED, GARAGE WITH TWO STORY FOR STORAGE AND KEEP YOUR CAR SAFE AND WARM . EXCELLENT OPPORTUNITY FOR INVESTMENT OR A PLACE TO STAY AND HAVE A REVENU. CALL FOR A SHOWING. FINANCIAL PRE-APPROVAL IS A MUST. (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Living area: 1,336 square feet
Lot size: 24,000 square feet
Lot dimensions: 24000
Stories: 1
On market: Jan 6, 2026
Status changed: Apr 23, 2026
Annual tax: $858.62
Zoning: RESIDENTIAL
Photos: 28
MLS#: NB131694
Area: VERRET

Features and systems

Basement

Crawl space

Heating

Baseboard heatersStoveElectricWood

Exterior

Vinyl

Flooring

Laminate

Foundation

BlockNone

Lot

Hardwood bushBalcony/Deck/Patio

Security

Smoke Detectors

Positive cash flow ~$934/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

25.51%

Cap rate

9.97%

GRM

7.6

Break-even rent

$1,417

Financing

Down payment$43,940

Loan amount$175,760

Mortgage$891/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$101

Insurance$80

Maintenance$183

CapEx reserve$92

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 $891/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 23, 2026.