$294,000
↓ $11,000 from $305,000
Est. payment $1,302/moCalculate yours
108 First NE Avenue, Greenstone, ON P0T 1M0
Greenstone, ON P0T 1M0
- 0 Beds
- 0 Baths
- 2,440 Sq Ft
Listing courtesy of REMAX First Choice Realty Ltd. MLS® X13603538
About this home
New Listing. Unlock the potential for steady rental income and long-term growth with this well-maintained duplex in the thriving community of Geraldton. Perfectly suited for savvy investors or homeowners seeking to offset their mortgage, this property offers the ideal blend of financial return and comfortable living. This spacious two-storey property features two self-contained units. The upper unit offers 3 bedrooms and 1 full bathroom, while the lower unit features 3 bedrooms and 1.5 bathrooms. Each unit has its own private entrance, separate laundry facilities, and separate hydro meter, providing added convenience and independence for tenants. Fresh updates throughout both units make this property move-in ready while still offering plenty of potential to add value over time. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers flexibility and long-term appeal. With strong rental potential and endless possibilities, this duplex is an opportunity you won’t want to miss in the heart of Geraldton.
Property details
Overview
- Property Type
- Duplex
- For
- For Sale
- Status
- Price Change
- Size
- 2,440 sqft
Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Kitchens
- 0
- Basement
- Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Other
- Exterior
- Aluminum Siding
- Foundation
- Other
- Roof
- Shingles, Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 32 x 120 Feet
- Parking
- None garage
Financial
- Property Taxes
- $7,663 (2026)
Location
- Cross Street
- North on Main St. Turn right on First Ave NE
- Direction Faces
- North
Listing
- MLS® Number
- X13603538
- Days on Market
- 88
- Listed On
- 2026-07-22
- Listed By
- REMAX First Choice Realty Ltd.
Features
Interior
- Other
Pool
- None
- Included
- 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, 2 Dishwashers- ALL AS IS
Mortgage calculator
Estimated mortgage payment
$1,302 per month
- Principal and interest
- $1,302
- Property tax
- $639
- Condo fees
- $0
- Estimated monthly cost
- $1,940
Your mortgage
- Mortgage amount
- $235,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $155,331
Cash to close
- Down payment
- $58,800
- Land transfer tax
- $2,885
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $61,685
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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