38-40 Queen Street

North Stormont (Finch) Twp, North Stormont · MLS® X13803610

996

House · Multi-family · 36 days on market

listed by David Tessier, EXIT REALTY MATRIX

realtor's description

A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find!

property details

type: House, Multi-family
bedrooms: 9
bathrooms: 9
parking: 6
property tax: $12,310 / yr
days on market: 36
MLS®: X13803610

features

School Bus
Community Centre

monthly cost

$7,949/mo

Mortgage $6,923 · Tax $1,026

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,923/ monthly

loan $1,271,200

25-year amortization

down payment20% · $317,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $805,736
cash to close: $317,800; down payment; transfer tax and fees not included
total paid: $2,076,936

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.