715 Gerard Street, Alfred and Plantagenet, ON K0B 1L0
Alfred and Plantagenet, ON K0B 1L0
Quick cost estimateKnown monthly subtotal$2,918.95 / monthLand transfer tax $7,874.98One-time estimate
Quick cost estimate
$2,918.95 / monthKnown monthly subtotal
- Mortgage principal & interest
- $2,652.11
- Property tax / month
- $266.83
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $7,874.98
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $7,874.98
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
INVESTMENT OPPORTUNITY | LEGAL DUPLEX | ~5.0% CAP RATE | CASH FLOW POSITIVE. Welcome to 715 Gerard Street - a legal, income-producing duplex in the heart of Alfred and Plantagenet, offering the rare combination of strong cash flow, a built-in mortgage helper, and flexibility for both investors and future owner-occupants.This turnkey property features two self-contained units. The upper unit will be delivered vacant at closing, with an established market rent of $2,000/month - giving a buyer the choice to rent it out immediately or move in themselves and let the lower unit carry a significant share of the mortgage. The lower unit is home to an excellent, long-standing tenant paying $1,500/month, who is happy to stay on. With both tenants responsible for their own utilities (other than water) and estimated operating expenses of approximately $1,200/month, this property delivers an impressive cap rate of approximately 5.0% and positive cash flow from day one - a rare find in today's market. For the investor, it's a fully tenanted (or nearly so) income property with room to grow. For the owner-occupant, it's a mortgage buster: live upstairs, rent the lower unit, and enjoy monthly housing costs far below what you'd pay renting a comparable home outright. Upper Unit: 3 bedrooms, 1 bathroom, large eat-in kitchen, spacious living room, and a private yard. Lower Unit: 2 bedrooms, 1 bathroom, large kitchen, spacious living room, and its own private yard. Set on an oversized 94' x 94.62' lot with a carport, the property is centrally located in Alfred and Plantagenet, close to all local amenities, just 20 minutes to Rockland, and 45 minutes to Ottawa.Recent updates include: new roof (2021), new furnace and hot water tank, new flooring (2013), and new windows throughout (excluding the bay window and patio doors).
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- X13830206
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 2
- Postal code
- K0B 1L0
- Kitchens
- 2
- Kitchens above grade
- 2
- Family room / den
- No
- Interior size (reported range)
- 1100-1500
- Lot depth
- 94.62 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 4
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- Carport
- Annual property tax
- 3202
- Basement
- Separate Entrance, Apartment
- Interior features
- Accessory Apartment
- Architectural style
- Bungalow
- Pool features
- None
- Fireplace
- No
- Waterfront
- No
- Garage available
- No
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- None
- Sewer
- Sewer
- Direction facing
- East
- Construction materials
- Brick, Stone
- Roof
- Asphalt Shingle
- Foundation
- Block
- MLS entry age (not confirmed DOM)
- 42 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 5
- Rooms above grade
- 9
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $569,999
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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- Region / county
- PRESCOTT AND RUSSELL
- Municipality
- ALFRED AND PLANTAGENET
- MLS® community
- 608 - Plantagenet
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Alfred and Plantagenet
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
715 Gerard Street, Alfred and Plantagenet, ON K0B 1L0, Alfred and Plantagenet is listed for sale as a Detached. The listing reports 5 bedrooms, 2 bathrooms, reported interior area of 1100-1500 (units not reported), kitchens reported as 2, parking spaces reported as 4. Asking price: $569,999. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13830206.
Local context
Explore the area: Alfred and Plantagenet · 608 - Plantagenet.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13830206. Information deemed reliable but not guaranteed.