108 First NE Avenue
Greenstone, ON
- 2,440 sqft
- Duplex
New Listing. Unlock the potential for steady rental income and long-term growth with this well-maintained duplex in the thriving community of Geraldton. Perfectly suited for savvy investors or homeowners seeking to offset their mortgage, this property offers the ideal blend of financial return and comfortable living. This spacious two-storey property features two self-contained units. The upper unit offers 3 bedrooms and 1 full bathroom, while the lower unit features 3 bedrooms and 1.5 bathrooms. Each unit has its own private entrance, separate laundry facilities, and separate hydro meter, providing added convenience and independence for tenants. Fresh updates throughout both units make this property move-in ready while still offering plenty of potential to add value over time. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers flexibility and long-term appeal. With strong rental potential and endless possibilities, this duplex is an opportunity you won’t want to miss in the heart of Geraldton.
Listing Details
- Taxes (2026)
- $7,663
- Listed
- July 22, 2026
Price History
Listing history
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Property
- Construction
- Aluminum Siding
- Roof
- Shingles, Asphalt Rolled
- Foundation
- Other
- Interior
- Other
- Lot Size
- 32 x 120 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- North on Main St. Turn right on First Ave NE
- Parcel Number
- 624131380
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, 2 Dishwashers- ALL AS IS
Schools
Elementary
- École St-Joseph0.2 km
French Catholic · CSDC des Aurores boréales
- St Joseph Separate School0.2 km
Catholic · Superior North CDSB · 80 students
- B A Parker Public School0.8 km
Public · Superior-Greenstone DSB · 105 students
Secondary
- Geraldton Composite School0.7 km
Public · Superior-Greenstone DSB · 170 students
Grade 10 literacy: 43% 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 P0T
- Population
- 32,000
- Private dwellings
- 17,869
- Median age
- 45.6
- Average household size
- 2.3
- Median household income
- $77,000
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
Residential Freehold in Greenstone · last 12 months
- Median sold price
- $179,900
- Homes sold
- 15
- Median days on market
- 27
- Sale-to-list price
- 91.4%
Based on 15 recorded sales of residential freehold properties in Greenstone over the last 12 months.
Listed by
RE/MAX FIRST CHOICE REALTY LTD.
Walk Score
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Location
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Mortgage Calculator
$61,000
Estimated Monthly Payment
$1,498
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: $1,498/mo (20% down, 5.5%)
Taxes: $639/mo · Insurance: $76/mo
Estimates only. Consult a financial advisor.
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