108 First NE Avenue
Greenstone, ON
- 2,440 sqft
- Investment
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)
- $8,814
- Originally Listed
- $305,000
- 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
- Heat Source
- Gas
Location & Legal
- Cross Street
- North on Main St. Turn right on First Ave NE
- Parcel Number
- 624131380
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, 2 Dishwashers- ALL AS IS
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
Commercial 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 commercial properties in Greenstone over the last 12 months.
Listed by
REMAX First Choice Realty Ltd.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $8,814
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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