108 First NE Avenue, Greenstone, ON
Property Highlights
Welcome to this remarkable duplex located in the coveted neighborhood of Greenstone. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $305,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 32 x 120 ft lot size
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with other central cooling and highly efficient forced air heating via gas
Description
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.
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Property Summary
This duplex located at 108 First NE Avenue, Greenstone is currently for sale and has been available on SousaSells for 6 days. This property is listed at $305,000 with an estimated mortgage of $1,015* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 108 First NE Avenue, Greenstone
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 108 First NE Avenue, Greenstone, ON P0T 1M0
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About Purchasing a Home in Greenstone, ON
For a property listed at $305,000 in Greenstone, the legal minimum down payment is $15,250 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 $3,050 for this transaction. As this listing is in Greenstone (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,050.
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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.