For Sale - 365 St Philippe Street, Alfred and Plantagenet, Ontario

Est payment $2,040/mo
Views   2
Time on Jump  1 days
  • Great investment opportunity generating strong annual rental income.
  • Five bedrooms spread across three distinct living levels.
  • Upper unit features bright living space with private patio.
  • Unique main unit has independent suite with separate entrance and amenities.
  • Massive backyard offers parking for four vehicles.



Fantastic investment opportunity or house-hacking gem in the expanding suburb of alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a net operating income (noi) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, all units have separate heating controls: upper unit: bright living space with its own private outdoor patio. Main unit: highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement unit: separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both ottawa and montreal, this versatile property is ideal for savvy investors or buyers looking to live in one unit while offsetting their mortgage. Schedule your viewing today! Updates: all 4 bathrooms have been updated in last 3 years, shingles 2 years, boiler combi 3 years. All units rented to adults only no children. 24hrs irrevocable on all offers.
Listing IDX13472820
Address365 St Philippe Street
CityAlfred and Plantagenet, Ontario
Price$424,900
Bed / Bath5 / 4 Full
Style2-Storey, Detached
ConstructionHardboard
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Separate Heating ControlsOwnership FreeholdBasement ApartmentFoundation UnknownHeating / Cooling BaseboardHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX HALLMARK REALTY GROUP

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365 St Philippe Street
Alfred and Plantagenet , Ontario
5 4 $424,900
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