For Sale: 365 St Philippe Street, Alfred, ON - REW
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$424,900
5 bd 4 ba 1500 - 1999 sf House

365 St Philippe StreetAlfred, ON, K0B 1A0

  • 5 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • House

About this home

Fantastic investment opportunity or house-hacking gem in the expanding suburb of Alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a Net Operating Income (NOI) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, All units have separate heating controls: Upper Unit: Bright living space with its own private outdoor patio. Main Unit: Highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement Unit: Separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both Ottawa and Montreal, this versatile property is ideal for savvy investors or buyers looking to live in one unit while offsetting their mortgage. Schedule your viewing today! Updates: All 4 bathrooms have been updated in last 3 years, Shingles 2 years, Boiler Combi 3 Years. All units rented to adults only no children. 24hrs irrevocable on all offers. (id:63626)
Listed by: Sylvain Bourgon, Salesperson, RE/MAX HALLMARK REALTY GROUP

Home facts and features

Price details
List Price
Gross Taxes for 2025
$3,191
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
House
Depth
115.5 feet
Frontage
45.9 feet
Title
Freehold
Exterior Finish
Hardboard
Heating Type
Baseboard heaters, Natural gas
Basement Details
Apartment in basement,
Features
Separate Heating Controls
Appliances
Dryer, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
Sylvain Bourgon
Primary Broker
RE/MAX HALLMARK REALTY GROUP
Listing details
Days on REW
1 Day
MLS® Number
X13472820
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

É Élém C Saint-Victor
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-22.