$395,000
↓ $44,000 from $439,000
Est. payment $1,749/moCalculate yours
126 Metcalfe Street W A&B, Strathroy-Caradoc, ON N7G 1M8
SW, Strathroy-Caradoc, ON N7G 1M8
- 2 Beds
- 2 Baths
- 1 Garage
- 2,000 Sq Ft
Listing courtesy of SHANAHAN REALTY INC. MLS® X12393320
About this home
Let the tenant pay the mortgage here! There are 4 ways to use this unique setup. 1. Seniors or first-time buyers live in the one and two-bedroom main floor unit and rent out the second-floor apartment for extra income. 2. Ideal for extended family (multi-generational family living) the parents live on the main floor, while the children live in the second floor apartment. 3 As an investor simply rent out both units as an excellent income investment with the potential to exceed an 8% cap rate. 4. This home can easily be converted back to a low-priced single family home. Separate hydro meters, plenty of driveway parking, numerous updates such windows, kitchen, bathrooms, flooring, painting throughout, roof shingles, soffit, fascia, eavestrough and much more. Ideally located near downtown Starthroy, in walking distance to all amenities. This home is currently used for multi-generational living, the owners and his extended family. There are no fixed rents. This well maintained brick Century home offers timeless character with a large wrap around front porch with original decorative gingerbread. There is a one and a half car garage, a spacious basement for storage and a large heatable workshop attached to the garage. Enjoy the fully fenced magnificent back yard, your private oasis of plants, trees, nature plus a gazebo for family fun and entertaining. Quick possession! Call today!
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 100+
- Size
- 2,000 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 48 x 140.61 Acres
- Parking
- Detached garage · 3 total
- Zoning
- R3
Financial
- Property Taxes
- $2,213 (2024)
Location
- Neighbourhood
- SW
- Cross Street
- Adelaide Street
- Direction Faces
- South
Listing
- MLS® Number
- X12393320
- Days on Market
- 404
- Listed On
- 2025-09-09
- Possession
- 30 days
- Listed By
- SHANAHAN REALTY INC.
Rooms
Features
Interior
- Accessory Apartment
- In-Law Capability
- Storage
Property
- Place Of Worship
- Rec./Commun.Centre
- School
Pool
- None
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$1,749 per month
- Principal and interest
- $1,749
- Property tax
- $184
- Condo fees
- $0
- Estimated monthly cost
- $1,933
Your mortgage
- Mortgage amount
- $316,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $208,692
Cash to close
- Down payment
- $79,000
- Land transfer tax
- $4,400
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $83,400
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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