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50 Victoria Avenue

50 Victoria Avenue

Cochrane, ON

  • 3 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Duplex
$237,900Price reduced 13%

Excellent opportunity to own a well-maintained two-unit home situated on a 66' x 132' lot. The main-floor unit offers a bright living room, eat-in kitchen, two bedrooms (one currently accommodates the laundry area), and a 4-piece bathroom. The basement apartment features a separate entrance, an open-concept kitchen and living area, one bedroom, a 4-piece bathroom, and a washer and dryer included for the basement tenant's use. Both units are currently tenant occupied, providing an established rental income opportunity for investors. Notable updates include windows (2016), siding (2016), weeping tile and Blueskin membrane (2016), shingles (2017), and a hot water tank (2026). A Fire Retrofit Inspection was completed in 2026, and the property complied with the Ontario Fire Code at the time of inspection. An excellent opportunity for investors looking to expand their portfolio with a two-unit income property.

Listing Details

Taxes (2025)
$2,613
Originally Listed
$274,900
Listed
July 1, 2026

Price History

Property

Style
Bungalow
Age
51-99
Construction
Vinyl Siding
Roof
Shingles
Foundation
Concrete Block
Interior
Water Meter
Lot Size
66 x 132 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
FIFTH ST
Zoning
R1
Parcel Number
652430068
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
APT#1 FRIDGE; STOVE; WASHER; DRYER; ALL LIGHT FIXTURES; ALL WINDOW TREATMENTS; APT#2 WHITE FRIDGE; STOVE; WASHER; DRYER; ALL LIGHT FIXTURES; ALL WINDOW TREATMENTS; SHED;
Exclusions
APT#2 SMALLER FRIDGE BELONGS TO THE TENANTS; ALL TENANTS' PERSONAL PROPERTY
Rental Items
Enecare - Hot Water Tank Rental - $40.87 PER MONTH HST INCLUDED

Schools

Elementary

  • Aileen Wright English Catholic School0.5 km

    Catholic · Northeastern CDSB · 115 students

    Grade 6 math: 12% met the provincial standard

  • École catholique Nouveau Regard (Pavillon St-Joseph)1.7 km

    French Catholic · CSDC des Grandes Rivières · 260 students

    Grade 3 reading: 55% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Cochrane Public School1.7 km

    Public · DSB Ontario North East · 355 students

    Grade 3 reading: 28% met the provincial standard · Grade 6 math: 14% met the provincial standard

Secondary

  • Cochrane High School1.7 km

    Public · DSB Ontario North East · 225 students

    Grade 10 literacy: 65% met the provincial standard

  • École catholique Nouveau Regard (Pavillon Jeunesse Nord)1.8 km

    French Catholic · CSDC des Grandes Rivières · 70 students

    Grade 10 literacy: 90% 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 P0L

Population
22,859
Private dwellings
10,591
Median age
42
Average household size
2.5
Median household income
$77,500

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

Residential Freehold in Cochrane · last 12 months

Median sold price
$267,450
Homes sold
84
Median days on market
23
Sale-to-list price
94.3%

Based on 84 recorded sales of residential freehold properties in Cochrane over the last 12 months.

Listed by

BOREAL REAL ESTATE LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$47,580

Estimated Monthly Payment

$1,169

Land transfer tax

Estimated land transfer tax$2,104

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: $1,169/mo (20% down, 5.5%)

Taxes: $218/mo · Insurance: $59/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions basement apartment. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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