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1102 - Bilberry Creek/Queenswood Heights, Orleans - Cumberland and Area
$799,900
Welcome to 1512 Blackheath, a legal duplex offering an excellent investment opportunity with two spacious, self-contained units, separate entrances, and no rear neighbours.The upper Unit A features 2 bedrooms, 1 full bathroom, in-unit laundry, a private separate entrance, and a functional, comfortable layout. Current rent is $2,416/month, utilities included. The lower Unit B also offers 2 bedrooms, 1 full bathroom, its own in-unit laundry and separate entrance, providing excellent privacy and convenience. Currently rented for $1,950/month, utilities included. The owner pays the utilities for both units. Combined scheduled gross rental income is approximately $4,366/month or $52,392 annually.With two fully independent units, separate entrances, separate laundry facilities, and a desirable setting with no rear neighbours, this legal duplex presents a great opportunity for investors or buyers looking for additional rental income. The anticipated vacancy of the upper unit also provides flexibility for a future owner to re-rent or occupy the unit, subject to applicable tenancy requirements.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,541 |
| Lot Size | 70 ft x 100 ft |
| mls© Number | X13706542 |
| Listed By | CENTURY 21 ACTION POWER TEAM LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,094
- Property tax
- $378
- Heat allowance
- $150
- Housing costs
- $4,623 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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