Devonshire Ave
Iroquois Falls, Iroquois Falls
$269,000
Buy with Dwelly and Save $2,690
Home Details
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Listing Description
Outstanding Investment Opportunity: 2-Storey Triplex. Features three spacious units: a 4-bedroom, a 2-bedroom, and a 1-bedroom currently vacant, ideal for owner-occupier or new tenant at market rent. Two units are already tenanted, generating solid cash flow. Key Financials: Gross Income Multiplier (GIM): 7X, Net Operating Income (NOI): $25,980, Cap Rate: 9.66%, Gross Rent Multiplier (GRM): 7, Operating Expense Ratio (OER): 28.78%. A strong-performing asset perfect for investors seeking immediate income and long-term upside. Don't miss this rare opportunity.
3 Fridges, 3 Stoves, Washer & Dryer included (as-is).
City: Iroquois Falls
Neighborhood: Iroquois Falls
Property History
Rooms
Room dimensions for Devonshire Ave, Iroquois Falls
Market Trends and Insights
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| Purchase Price | $269000 |
| Down Payment | $53800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $215200 |
Monthly Payment
| Mortgage Payment | $1326 |
| Property Taxes | $217 |
| Maintenance Fees | $0 |
| Monthly Payment | $1543 |
About Devonshire Ave, Iroquois Falls
Located at 219 - 221 Devonshire Ave , this Iroquois Falls house is available for sale. This property was listed for $269,000 on Fri Jun 20 2025. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 219 - 221 Devonshire Ave, Iroquois Falls is situated in the Iroquois Falls neighbourhood.
MLS#: T12234502 · $269,000 · 6 bedroom house in Iroquois Falls, Iroquois Falls