28 Queen Street, North Stormont, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 711 - North Stormont (Finch) Twp. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,425,000 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.
- 10 Bedrooms and 5 Bathrooms with 6 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 131.2 x 141.15 ft lot
- 12.0 total parking spaces available
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Introducing 28 Queen Street, Crysler - a quality-built and thoughtfully designed 6-plex located in the heart of the vibrant, and rapidly growing community of Crysler! Constructed in 2003, this 2-story building sits on a durable ICF slab-on-grade foundation. The property features 6 well-appointed residential units - including 4x 1-bedroom + 1 office units and 2x 2-bedroom units, each equipped with 1 full bathroom. With 3 spacious units per floor, this building is both functional and appealing to tenants. All units are separately metered for hydro and gas, providing simplified utility management and cost control. Additional features include a backup generator, and ample on-site parking for tenants. Currently, 5 of the 6 units are rented to reliable tenants, while 1 unit has been intentionally kept vacant - offering the future owner the flexibility to move in or lease at todays strong market rents. This is a rare and turnkey investment opportunity in an expanding community with increasing demand for quality rental housing. Whether you're a seasoned investor or looking to enter the market with a high-quality asset, 28 Queen Street is a solid, low-maintenance building primed for consistent returns. Provide 48h irrevocable on all offers.
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Pricing & Value Insights
Data-driven valuation for 28 Queen Street, North Stormont, ON K0A 1R0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Stormont, ON
For a property listed at $1,425,000 in North Stormont, the legal minimum down payment is $285,000 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 $24,975 for this transaction. As this listing is in North Stormont (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,975.
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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.