7 Second Avenue
Levack, Ontario
- Multi-family
Great opportunity in the heart of Levack. This income-generating triplex features two 2-bedroom units and one 4-bedroom unit, offering immediate rental income with room to grow — or move in. The two 2-bedroom units are currently rented month-to-month at $1,400 and $1,200 per month. The 4-bedroom unit is vacant, so you can move in yourself or rent it out for an estimated $1,750 per month — bringing total potential income to roughly $4,350 per month once fully leased. Each unit has its own entrance, laundry, electrical panel, and furnace, and the property has been well maintained throughout. The unfinished basement offers plenty of storage space. A great fit for investors looking to add value and cash flow, or an owner-occupier looking to offset their mortgage with rental income. Book your showing today.
Price History
Schools
Elementary
- Levack Public School0.9 km
Public · Rainbow DSB · 125 students
Grade 6 math: 30% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0M
- Population
- 49,727
- Private dwellings
- 24,862
- Median age
- 46.8
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Levack · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Levack over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$59,980
Estimated Monthly Payment
$1,473
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,473/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $75/mo
Estimates only. Consult a financial advisor.
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