Salehian.com 647-325-5000

715 Gerard Street

608 - Plantagenet, Alfred and Plantagenet, K0B 1L0

$569,999

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  • 5 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1100-1500 sq ft

Listed 25 days ago · MLS® X13830206

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).

Details

Type
Detached
Style
Bungalow
Size
1100-1500 sq ft
Lot
94 × 94.62 ft
Basement
Separate Entrance, Apartment
Garage
Carport
Kitchens
2
Property tax
$3,202 (2025)
Neighbourhood
608 - Plantagenet
Municipality
Alfred and Plantagenet
Price per sq ft
$438 (4% below detached houses in Alfred and Plantagenet, $457)

Interior

Bedrooms
5 above ground
Bathrooms
2 × 3-piece
Rooms
9 above ground
Family room or den
No
Fireplace
No
Features
Accessory Apartment

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Brick, Stone
Roof
Asphalt Shingle
Foundation
Block
Faces
East

Parking

Garage spaces
2
Total parking
4

Lot

Size
94 × 94.62 ft

More

Possession
Flexible
Cross street
Rue du Comte + Hwy 17

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 2 cafés and restaurants, 0 parks.

Schools nearby

Elementary

  • École élémentaire catholique Saint-Paul Catholic · French
    EQAO: Gr 6 reading 100%, math 43%    4 min walk

Secondary

  • École secondaire catholique de Plantagenet French
    EQAO: Gr 9 math 69%, literacy test 95%    1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K0B

Owners / renters
80% / 20%
Median household income
$79,000
Average age
46
Children under 15
14%
Homes
84% detached
Commute by transit
1%
Population
21,020

Languages spoken most at home besides English: German 0.2%, Spanish 0.2%, Swiss German 0.1%, Russian 0.1%.

Safety

Crime Severity Index for Hawkesbury (Alfred and Plantagenet) (OPP): 46 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Ottawa: 56 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet Limited

Up to 5/1 Mbps available here by cable, fibre or DSL.

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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