50 Victoria Avenue, Cochrane, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Cochrane. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $274,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 66 x 132 ft lot
- Features a apartment, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Water Meter
- Efficient forced air heating via gas
Description
Excellent opportunity to own a well-maintained two-unit home situated on a 66' x 132' lot. The vacant main-floor unit offers a bright living room, eat-in kitchen, two bedrooms (one currently accommodates the laundry area), and a 4-piece bathroom, providing immediate occupancy for an owner or the opportunity to select your own tenant. The basement apartment features a separate entrance, an open-concept kitchen and living area, one bedroom, a 4-piece bathroom, and a washer and dryer included for the basement tenant's use. Notable updates include windows (2016), siding (2016), weeping tile and Blueskin membrane (2016), shingles (2017), and a hot water tank (2026). A Fire Retrofit Inspection was completed in 2026, and the property complied with the Ontario Fire Code at the time of inspection. An excellent opportunity for homeowners seeking mortgage support through rental income or for investors looking to expand their portfolio.
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Pricing & Value Insights
Data-driven valuation for 50 Victoria Avenue, Cochrane, ON P0L 1C0
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About Purchasing a Home in Cochrane, ON
For a property listed at $274,900 in Cochrane, the legal minimum down payment is $13,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,599 for this transaction. As this listing is in Cochrane (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,599.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.