$1,589,000
Est. payment $7,036/moCalculate yours
38-40 QUEEN Street, North Stormont, ON K0A 1R0
711 - North Stormont (Finch) Twp, North Stormont, ON K0A 1R0
- 9 Beds
- 9 Baths
- 5,000 Sq Ft
Listing courtesy of EXIT REALTY MATRIX MLS® X13803610
About this home
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
Overview
- Property Type
- Fourplex
- Style
- Other
- For
- For Sale
- Status
- Sold Conditional
- Size
- 5,000 sqft
Interior
- Bedrooms
- 9
- Bathrooms
- 9
- Kitchens
- 0
- Basement
- None
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Stone
- Foundation
- Poured Concrete
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Parking
- Other garage · 6 total
- Zoning
- Residential
Financial
- Property Taxes
- $12,310 (2025)
Location
- Neighbourhood
- 711 - North Stormont (Finch) Twp
- Cross Street
- 417 East Exit Limoges, Right on Limoges rd /St Albert Rd , Right on Rocky Hill rd. Rocky hill changes to Queen once you arrive in town, Property on the Left.
- Direction Faces
- North
Listing
- MLS® Number
- X13803610
- Days on Market
- 30
- Listed On
- 2026-09-18
- Possession
- TBD
- Listed By
- EXIT REALTY MATRIX
Features
Interior
- None
Property
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
- School Bus Route
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,036 per month
- Principal and interest
- $7,036
- Property tax
- $1,026
- Condo fees
- $0
- Estimated monthly cost
- $8,062
Your mortgage
- Mortgage amount
- $1,271,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $839,524
Cash to close
- Down payment
- $317,800
- Land transfer tax
- $28,255
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $346,055
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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